Fed decision on pace of bond purchases is awaited
WASHINGTON (AP) — Investors are waiting to see whether one of Ben Bernanke's final acts as chairman of the Federal Reserve will be to announce a pullback in the Fed's bond purchases. The purchases have been intended to keep long-term loan rates low to spur economic growth. It's a close call. But most economists think that when the Fed's latest policy meeting ends Wednesday, it will announce that it's maintaining its pace of $85 billion a month in bond purchases despite a drop in to 7 and...
Read MoreWed, 18 Dec 2013
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Sat, 14 Dec 2013
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Fri, 13 Dec 2013
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