When the Federal Reserve adjourns its meeting Wednesday, it will be doing more than scaling down its economic aid. The central bank will be charting a course for its post-pandemic future.
Virtually everyone who cares about such things anticipates the policymaking Federal Open Market Committee, upon conclusion of its two-day meeting, will announce that it is reducing the amount of bonds it buys each month.
The process, know as «tapering,» probably will commence in the coming weeks and before
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