Arab Today, arab today us federal reserve appears on track to slow bond buys by year’s end
Last Updated : GMT 02:26:33
Arab Today, arab today
Arab Today, arab today

US Federal reserve appears on track to slow bond buys by year’s end

Arab Today, arab today

Arab Today, arab today US Federal reserve appears on track to slow bond buys by year’s end

Washington - SPA

The U.S. Federal Reserve (Fed) appears to be on track to slow its bond purchases by the end of the year if the economy continues to improve, while it remains divided over the exact timing of the move, according to minutes from the Fed’s July 30 to July 31 meeting released Wednesday. The minutes showed that a few Fed policymakers want to assess more economic data before deciding when to scale back the central bank’s $85 billion a month in Treasury and mortgage bond purchases. Others said it “might soon be time” to slow the purchases, which have helped keep long-term rates near record lows. Since the July meeting, a few Fed officials have suggested that the central bank could slow the bond buying in September because by then updated reports on employment and economic growth would be issued. Most economists say that a decision in September or December is the most likely scenario. Fed policymakers did agree that they would not raise the short-term interest rate from nearly zero at least until the unemployment rate falls to 6.5 percent. Several members even said that they were willing to lower that threshold. Employers added 162,000 jobs in July, the fewest in four months. Still, the economy has created an average of 192,000 jobs a month this year, slightly ahead of last year’s pace. The unemployment rate has fallen to a four-and-a-half-year low of 7.4 percent, down from 7.8 percent in September. Much of the job growth has been because the number of people seeking unemployment benefits has fallen to its lowest level in five years, suggesting that companies are laying off few workers and may hire more.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us federal reserve appears on track to slow bond buys by year’s end Arab Today, arab today us federal reserve appears on track to slow bond buys by year’s end

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us federal reserve appears on track to slow bond buys by year’s end Arab Today, arab today us federal reserve appears on track to slow bond buys by year’s end

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday