Skip to main content

Unanimous Fed decision to taper 'sets precedent'

narayana-kocherlakota
Narayana Kocherlakota

The Federal Open Market Committee (FOMC) yesterday unanimously agreed to reduce its monthly asset purchases by an additional $10 billion next month, but reaffirmed its intention to keep interest rates close to zero "well past" the point where US unemployment reaches 6.5% at Ben Bernanke's last meeting as Fed chair.

Meanwhile, figures published today by the US Bureau of Economic Analysis show GDP increased at an annual rate of 3.2% in the fourth quarter of 2013 – down from 4.1% in Q3 – reflecting

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

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

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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

.