Fed's Williams: Fed likely to taper more, end bond-buying this year. Federal Reserve Bank of San Francisco President John Williams said..

Fed's Williams: Fed likely to taper more, end bond-buying this year. Federal Reserve Bank of San Francisco President John Williams said... Assuming the economic recovery plays out as we expect, we will likely continue to reduce the pace of those purchases, and eventually eliminate them, over this year, Mr. Williams said. Mr. Williams stressed that even as the pace of bond-buying has slowed, scaling back on asset purchases is not a retreat from accommodative monetary policy. The federal funds rate will remain near zero for the foreseeable future. He added, we're starting to ease off the gas, but we're nowhere near hitting the brakes yet.... (VIEW LINK)


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