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Fed: two members hope to cut bond purchase plan, Wall Street falls in the final

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From next summer, the American Central Bank could begin to reduce quantitative easing 4 – The announcement came from the president of the SanFrancisco Fed, John Williams, and from Richard Fisher, president of the Dallas Fed.

Fed: two members hope to cut bond purchase plan, Wall Street falls in the final

Two members of the Federal Reserve said yesterday that from next summer the US central bank could begin to reduce its bond-buying program (quantitative easing 4) if the economy continues to improve. 

The announcement came from SanFrancisco Fed Chairman John Williams and Dallas Fed Chairman Richard Fisher. The latter underlined that the Central Bank should cut the purchase of mortgage-backed securities with the aim of eliminating it entirely by the end of the year. On the words of the two bankers, Wall Street finished lower after a session on the edge of parity.

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