FOMC Minutes Show Some Members Saw QE End by 2014
April 10 (Bloomberg) -- Several members of the Federal Open Market Committee said the central bank should begin tapering its bond buying program later this year and stop it by year end.
The members “thought that if the outlook for labor market conditions improved as anticipated, it would probably be appropriate to slow purchases later in the year and to stop them by year-end,” according to the record of the Federal Open Market Committee’s March 19-20 meeting released today in Washington. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)