When Will the Fed Pull Back?
Posted at 11:15 a.m. on Jan. 29
The Federal Open Market Committee meets today and tomorrow to discuss and adjust Federal Reserve policies. Although no big changes are expected, the New York Times looks at one area where the central bank could make news.
“The looming question is how much longer the asset purchases will continue… The Fed deliberately left the duration of the asset purchase program as an open question, in contrast to the specific interest-rate threshold… It said only that it wanted to see ‘substantial improvement’ in the labor market… But the discussion already has begun to swing toward informal thresholds.”