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The Federal Reserve Explores Halting Asset Purchases


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As part of its efforts to steward the economy through the Covid pandemic, the U.S. Federal Reserve has been on a bit of a spending spree.

The central bank is currently purchasing $80 billion in Treasury securities and $40 billion in mortgage securities every single month. But there's growing support within the Fed to begin easing off the spending gas pedal, with officials now publicly saying they could begin tapering bond purchases as early as October.

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Source Fool.com


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