At this pace, the Fed would end its asset purchases by June 2022, Xinhua news agency reported. While Fed officials generally supported the plan to reduce asset purchases by$ 15 billion a month, some Fed officials wanted a faster pace to give the central bank leeway to raise rates sooner, according to the minutes of the Fed's November policy meeting released last week. Fed Governor Christopher Waller has recently urged the central bank to speed up the pace of tapering asset purchases in response
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2021-12-02 00:00:00.0