Fed says it could begin ‘gradual tapering process’ by mid-November

Fed says it could begin ‘gradual tapering process’ by mid-November

October 14, 2021 Elroy Buresh 0

Federal Reserve officials could begin reducing the extraordinary help they’ve been providing to the economy by as soon as mid-November, according to minutes from the central bank’s September meeting released Wednesday.The meeting summary indicated members feel the Fed has come close to reaching its economic goals and soon could begin normalizing policy by reducing the…