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发帖数: 512 | 1 Fed keeps $85 billion asset-purchase plan in place
WASHINGTON (MarketWatch) - The Federal Reserve on Wednesday held its asset-
purchase program steady, putting off any decision for tapering until later
in the year. By a 9-1 vote, the Fed plans to continue to buy $85 billion a
month in Treasurys and mortgage-backed bonds. The central bank pointed to an
elevated unemployment rate and said government spending cuts and rising
mortgage rates are "restraining economic growth." The Fed said it will wait
for "more evidence that progress will be sustained" before it starts to cut
its asset purchases. The move surprised economists, who had expected a "tiny
taper" in a range of $10 billion to $20 billion. And Wall Street could be
unnerved by renewed Fed concerns about the health of the U.S. economy. The
Fed, in its statement, sought to reassure investors by noting gradual
improvement in the economy over the past year. The bank said it still
believes growth will accelerate in the near future | t*******y
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