Wednesday, 29 October 2014

US Federal Reserve to End Quantitative Easing Programme

THE GUARDIAN: Central bank’s head, Janet Yellen, confirms cessation of buying bonds in October after injection of £4.5 trillion over five years

The US Federal Reserve has called time on its $4.5 trillion (£2.8tn) quantitative easing programme, introduced more than five years ago to steer the world’s largest economy through the financial crisis.

The central bank, led by Janet Yellen, said it would cease buying bonds this month. » | Angela Monaghan | Wednesday, October 29, 2014