Fed Scales Back Stimulus Campaign

[Jim415]

Fed Scales Back Stimulus Campaign

Alex Wong/Getty Images
Ben S. Bernanke, the outgoing Fed chief, and Janet L. Yellen, right, who is expected to succeed him, at the Fed earlier this month.

By BINYAMIN APPELBAUM
Published: December 18, 2013 19 Comments

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WASHINGTON — The Federal Reserve said on Wednesday that it would reduce its monthly bond-buying campaign to $75 billion in January, beginning a retreat from its stimulus campaign, because it no longer saw the need for the full force of those efforts.


http://www.nytimes.com/2013/12/19/b...mulus-campaign.html?emc=edit_na_20131218&_r=0

 

[dogtowner]

Beijing putting its foot down ?

 

[Jim415]

Beijing putting its foot down ?

Ha ha Yep .