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The US Federal Reserve plans to reduce bond purchases this year

The US Federal Reserve plans to reduce bond purchases this year

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The US Federal Reserve is heading to an early cut in bond purchases to support the economy. The restriction on the buying program could start in mid-November or mid-December, according to the minutes (minutes) of the Federal Reserve’s September 21-22 meeting, which was published on Wednesday. She said that if the economic recovery continues, the bond purchases could expire in mid-2022.


SN / APA / AFP / MANDEL NGAN

The US Federal Reserve won’t be this generous anytime soon

The US Federal Reserve currently buys $120 billion in government and mortgage bonds per month. In the financial markets, the first steps to exit from ultra-loose monetary policy are increasingly expected to begin soon. Recently, a sudden rise in inflation has raised expectations that the central bank may decide to cut bond purchases this year.

Retrieved October 14, 2021 at 4:16 am at https://www.sn.at/wirtschaft/welt/us-otenbank-will-anleihekaeufe-noch-heuer-reduzieren-110850805

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