As expected, FOMC agrees to reduce monthly bond buying by another $10 billion in unanimous decision.
By Joshua Zumbrun, Bloomberg, Aki Ito, Bloomberg|January 29, 2014 at 12:20 PM|Originally published on Treasuryandrisk.Com
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Federal Reserve policymakers cut the pace of bond buying for a second straight meeting, uniting behind a strategy of gradual withdrawal from Ben S. Bernanke’s unprecedented easing policy, as Janet Yellen prepares to succeed him as chairman.