Fed Maintains QE Pace, Prepared to Alter as Economy Evolves

The Federal Reserve (TREFTOTL) said it will maintain its bond buying at a pace of $85 billion a month and is prepared to raise or lower the level of purchases as economic conditions evolve. “The committee is prepared to increase or reduce the pace of its purchases to maintain appropriate policy a…

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Fed Maintains QE Pace, Prepared to Alter as Economy Evolves