Arab Today, arab today us federal reserve appears on track to slow bond buys by year’s end
Last Updated : GMT 12:04:13
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.

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
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
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