Powell signaled that the Federal Reserve bond-buying program could end sooner.

Federal Reserve Chairman Jerome H. Powell pointed out that the central bank is more cautious about high – and stubborn – inflation and may accelerate its plan to withdraw economic support at its meeting in December. Make sure that rapid price increases do not continue. The Fed was buying $120 billion in government-backed securities each …

Federal Reserve Announces Plan to Slow Down its Bond-Buying Program

Federal Reserve officials took their first big step towards withdrawing monetary policy support as the economy recovered from the setbacks of the pandemic and devised a plan to slow their asset purchase programs as they sounded a little more worried about rapid inflation. “In light of the substantial progress the economy has made towards the …