Fed continues to reduce stimulus measures
Posted April 30, 2014 2:24 pm.
This article is more than 5 years old.
The U.S. Federal Reserve has reduced its bond-buying stimulus program for the fourth straight meeting.
The Fed is reducing its monthly bond purchases to $45 billion (U.S.) from $55 billion. It also says the U.S. economy “has picked up recently.” Stocks remain mixed in New York City and a little higher in Toronto.
More to come