“The committee judges that similar reductions in the pace of net asset purchases will likely be appropriate each month, but it is prepared to adjus
“The committee judges that similar reductions in the pace of net asset purchases will likely be appropriate each month, but it is prepared to adjust the pace of purchases if warranted by changes in the economic outlook,” the Fed’s monetary policy committee, known as the Federal Open Market Committee, or FOMC, said in the statement.
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