Fed signals bond-buying taper may start soon, split on 2022 rate hike - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Fed signals bond-buying taper may start soon, split on 2022 rate hike

If progress toward the Fed’s employment and inflation goals “continues broadly as expected, the committee judges that a moderation in the pace of asset purchases may soon be warranted,” the U.S. central bank’s policy-setting Federal Open Market Committee said Wednesday in a statement following a two-day meeting.

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