Fed could stop asset purchases ‘well before end of 2013’

federal reserve

The Fed could terminate its asset purchase programme "well before the end of 2013", as members of the Federal Open Market Committee (FOMC) fear the potential costs of quantitative easing (QE) could rise as the size of the central bank's balance sheet increases.

Minutes from the FOMC's December 11–12 meeting, released on January 3, reveal almost all members were uncertain about the benefits of ongoing asset purchases, although there was division over when they should be ended.

On one end of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.