1.28.21 Federal Reserve Rebukes Hawkish Rumors; Reaffirms Support
It has been a busy past 12 months for the Federal Reserve (Fed), after the onset of the global pandemic prompted historic stimulus from monetary policymakers. With the economy showing signs of being in the early stages of expansion, some have speculated that the Fed may begin to slow the pace of its asset purchases. Recent comments from some Federal Open Market Committee (FOMC) members that have hinted that the Fed’s bond buying program could be reduced by the end of the year, has signaled that other policymakers may be thinking that way, too.
Adding fuel to the speculation, the 10-year Treasury yield has been climbin
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