QE Begins to Slow — Federal Reserve Reveals Winding Down of Corporate Bond Purchases
On Wednesday, the U.S. Federal Reserve announced it would be winding down its corporate bond purchases and selling part of its portfolio. The central bank plans to start with exchange-traded funds and then move on to bonds as the Fed insists “sales will be gradual and orderly.”
QE Begins to Slow — Federal Reserve Reveals Winding Down of Corporate Bond Purchases