Arab Today, arab today fed sets exit strategy from us crisis support
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Fed sets exit strategy from US crisis support

Arab Today, arab today

Arab Today, arab today Fed sets exit strategy from US crisis support

Washington - Afp

The Federal Reserve has set the guidelines of an exit strategy from its extraordinary support of the US economy, according to the minutes of its last policy meeting released Tuesday. Policymakers agreed that the central bank, \"when economic conditions warrant,\" would begin to raise ultra-low interest rates and then slowly sell off billions of dollars in Treasury securities, originally bought up to inject liqudity into the economy, \"over a period of three to five years.\"

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