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Fed Seen Paring QE to $75 Billion Pace This Month, Survey Shows

A government report today showing job growth was weaker than forecast hasn’t derailed economists’ expectations that the Federal Reserve this month will taper its monthly bond buying by $10 billion, to $75 billion.

Chairman Ben S. Bernanke and his colleagues will reduce Treasury purchases to $35 billion from $45 billion while maintaining mortgage-bond buying at $40 billion, according to the median of 34 responses today in a Bloomberg News survey of economists. That pace was unchanged from an Aug. 9-13 poll, as was a projection that the program will end in June.