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Tuff-Stuff

01/21/14 5:29 AM

#531057 RE: Tuff-Stuff #531056

WSJ: Fed could cut bond-buying even more

The Fed could reduce its monthly bond purchases to $65B from $75 at a FOMC meeting next week, the WSJ's well-connected Jon Hilsenrath reports.
The move would come after the Fed cut $10B from the program in December and despite a weak jobs report last month, with policy makers still bullish about the U.S.'s economic prospects.
Officials, though, are debating about how best to express their intentions vis a vis raising interest rate, especially as they've linked any increase to falling unemployment.