The Federal Reserve building in Washington. Photo: Dreamstime/TNS The Federal Reserve building in Washington. Photo: Dreamstime/TNS
The Federal Reserve building in Washington. Photo: Dreamstime/TNS

Federal Reserve officials expected taper to start next month with the process concluding in mid-2022, minutes show

  • Fed officials last month left interest rates near zero but signalled they were close to beginning to scale back their US$120 billion in monthly asset purchases
  • The taper process could commence in either mid-November or mid-December, FOMC minutes from last month showed

Topic |   Central banks
The Federal Reserve building in Washington. Photo: Dreamstime/TNS The Federal Reserve building in Washington. Photo: Dreamstime/TNS
The Federal Reserve building in Washington. Photo: Dreamstime/TNS
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