Economics
Fed Expected to Offer New Guidance, Not Action, on Bond Buying
- Economists see shift coming in maturity of Treasury purchases
- Most don’t expect Fed to ramp up the pace of asset buying
The Marriner S. Eccles Federal Reserve building in Washington, D.C.
Photographer: Erin Scott/BloombergThis article is for subscribers only.
Federal Reserve officials this week will link the future of asset purchases to measures of employment and inflation without taking any immediate action to alter the pace or composition of bond buying, according to economists surveyed by Bloomberg News.
A slight majority of the 47 respondents to a Dec. 4-10 questionnaire said they expected the new guidance will be approved at the two-day policy meeting ending Wednesday, while most of the remaining analysts expect it in January or March.