Ron Burgundy Posted October 31, 2013 Share Posted October 31, 2013 By Pedro da Costa and Alister Bull WASHINGTON (Reuters) - The Federal Reserve extended its support for a soft U.S. economy on Wednesday, sounding a bit less optimistic about growth as it announced plans to keep buying $85 billion in bonds per month. In announcing the decision, the Fed nodded to weaker economic signals that have been due in part to a fiscal fight in Washington that shuttered much of the government for 16 days earlier this month. The central bank noted that the recovery in the housing market had lost some steam and suggested some frustration at how slowly the labor market was healing. However, it also dropped a phrase expressing concern about a run-up in borrowing costs, suggesting greater comfort with the current level of interest rates. View the full article Quote Link to comment Share on other sites More sharing options...
Bravo One Posted October 31, 2013 Share Posted October 31, 2013 (edited) sorry didnt see the no reply Edited October 31, 2013 by Bravo One Quote Link to comment Share on other sites More sharing options...
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