On The Radar: November 8 2021

On The Radar: November 8 2021

November 10, 2021
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What did the Fed decide at their recent meeting?

As widely expected, the Fed announced that beginning this month, they will reduce their monthly purchases of bonds by $15 billion ($10 billion of Treasuries and $5 billion of mortgages). They currently buy $120 billion per month(chart). All 11 voting members of the FOMC unanimously approved the decision. If they stick to their schedule, they will be done by June.

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