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JDO
2021-09-23

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Fed officials say tapering 'may soon be warranted' and earlier interest hike pencilled in

Powell says announcement on tapering bond purchases could come in November. Federal Reserve officia

Fed officials say tapering 'may soon be warranted' and earlier interest hike pencilled in

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gorgonzola
·2021-09-23
done.plse like back. thanks!
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed officials say tapering 'may soon be warranted' and earlier interest hike pencilled in\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-23 02:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Powell says announcement on tapering bond purchases could come in November.\n</blockquote>\n<p>Federal Reserve officials on Wednesday sent a strong signal that they are almost ready to taper their bond-buying and said they expect to raise interest rates by late 2022, sooner than they had expected in June.</p>\n<p>With inflation \"elevated\" and the labor market showing improvement, the Fed said that \"if progress continues broadly as expected, the committee judges that a moderation in the pace of asset purchases may soon be warranted.\"</p>\n<p>The Fed has been buying $80 billion worth of Treasurys and $40 billion worth of mortgage-backed securities each month since last summer to keep long-term interest rates low and spur demand.</p>\n<p>Since the summer, the Fed has been talking about slowing down the purchases. 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