Economics
Fed to Announce Bond Taper in Fourth Quarter, Economists Say
- Survey shows a shift to 2021 amid strengthening U.S. economy
- Powell may signal move in third quarter, Jackson Hole in view
This article is for subscribers only.
Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here
The Federal Reserve is expected to announce it will begin trimming its $120 billion in monthly asset purchases before the end of the year as the U.S. economy recovers strongly from Covid-19, according to economists surveyed by Bloomberg.