Fed discussed pulling back bond purchases later this year
Fed discussed pulling back bond purchases later this year
By Martin Crutsinger | The Associated Press
Federal Reserve officials last month discussed the idea of beginning to dial back their extraordinary support for the U.S. economy later this year, though they stopped short of a firm decision on a timetable.
The minutes of the Fed’s July 27-28 meeting, released Wednesday, indicated that the economic recovery from the pandemic recession was moving…