Fed minutes reveal QE wind-down balancing act

federal reserve

Federal Reserve chairman Ben Bernanke's message at last month's press conference that the Fed is likely to continue reducing the size of its asset purchases by $10 billion at each meeting was aimed at ensuring markets did not think the Federal Open Market Committee (FOMC) would "withdraw policy accommodation more quickly than had been anticipated", according to FOMC minutes released yesterday.

According to the minutes, members believe the committee should "proceed cautiously" in taking its first

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: