Fed Will Begin Reducing Bond Purchases In September Say Economists

Bernanke

According to a recent poll, almost 67% of U.S. economists think the Federal Reserve will start to retreat from its huge bond-buying programme (or Quantitative Easing) in the final months of 2013.

Nearly one third of those who expect the Fed to reduce bond purchases believe the bank will begin to pull back in September. However, many others believe the Fed will hold off until December.

Read the rest of the report here…

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