Fed tapers further as economy recovers

Note: This section contains information in English only.
Source: Bloomberg
The FOMC decided to decrease its bond purchases additionally by $10 billion per month, as American economy recovers and labor market improves. Policy makers are concerned about record $4.1 trillion Fed's balance sheet, as they will now buy only $65 billion of bonds and mortgage securities monthly. Meanwhile, this meeting was last with Ben Bernanke as the Chairman of the Fed.
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Thu, 30 Jan 2014 11:40:04 GMT

Santander profit surges amid lower provisions on bad loans

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