Federal Reserve Holds Bond-Buying Program Steady


Posted on: October 30th, 2013 by ABC News No Comments

iStock/Thinkstock(WASHINGTON) — The Federal Reserve has decided to keep its $85 billion in bond-buying stimulus going. This is the same bond-buying number as the previous months.

The Fed says it will await “more evidence” before it begins tapering or pulling back on its stimulus program.

The Fed is also, as expected, leaving interest rates unchanged.

Copyright 2013 ABC News Radio



Leave a Reply

You must be logged in to post a comment.