What the Fed Tapering Means for Your Clients » KW Blog
Last Wednesday, the Federal Reserve announced it would begin gradually paring back on its purchase of non-traditional assets aimed at stimulating growth. Beginning in January the Fed will reduce it’s monthly purchase of Treasuries and mortgage-backed securities by $10 Billion, from $85 to $75 billion. The statement also outlined forward guidance for the Federal Reserve’s primary policy instrument, short term interest rates...Read More here
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