Fed 'steps carefully' as it announces wind-up of $120bn monthly bond buying programme

Reduces monthly pace of its net asset purchases

clock • 3 min read
The Fed will wind up bond-buying programme

The Fed will wind up bond-buying programme

The US Federal Reserve announced on Wednesday (3 November) its plans to start scaling back its $120bn monthly bond buying programme, which has played a crucial role in buoying the US economy as it contends with the ongoing pandemic and rising inflation.

The Fed's chair, Jerome Powell, made a point of distancing the announced plans to taper bond purchases with any potential action regarding rising US interest rates. "Our decision today to begin tapering...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Industry

Partner insight: Taking on climate change through fixed income

Partner insight: Taking on climate change through fixed income

ESG challenges are complicated and diverse for many asset classes, and fixed income is no exception

clock 23 May 2022 • 1 min read
Helen Pridham

Helen Pridham: Industry pays tribute to trailblazing journalist and businesswoman

Founder of The Pridham Report

James Baxter-Derrington
clock 19 May 2022 • 5 min read
The Investment Marketing and Innovation Awards are back as a face-to-face event

Investment Week reveals shortlist for Investment Marketing & Innovation Awards 2022

Book your place here

clock 19 May 2022 • 1 min read