Fed Taper Could Wait Until December or Later: Neil Irwin

Now watching

Next video starts in : 7 Play

Fed Taper Could Wait Until December or Later: Neil Irwin

Fed Taper Could Wait Until December or Later: Neil Irwin
Replay video
Up next

And you thought the Yo app was goofy

Unlock your personal NFL Now stream by signing in to NFL.com

Fed Taper Could Wait Until December or Later: Neil Irwin

by DailyTicker 4:01 mins

If not now, when? That's the question many economists and investors have been asking about Fed policy since the central bank decided Wednesday not to taper its $85 billion worth of monthly asset purchases. In its statement, the Fed said that "tightening of financial conditions observed in recent months, if sustained, could slow the pace of improvement in the economy and labor market." So it decided to wait for "more evidence that progress will be sustained before adjusting the pace of its purchases."

View Comments (0)