{"id":52631,"date":"2021-10-13T23:54:04","date_gmt":"2021-10-13T19:54:04","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=52631"},"modified":"2021-10-13T23:54:13","modified_gmt":"2021-10-13T19:54:13","slug":"fed-gradual-taper-could-begin-by-mid-november","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/fed-gradual-taper-could-begin-by-mid-november\/10\/13\/market-updates\/","title":{"rendered":"Fed: Gradual taper could begin by mid-November"},"content":{"rendered":"\n<p>The Federal Reserve could begin reducing the pace of monthly asset purchases as soon as mid-November, according to minutes from the September meeting,<br><br>The summary, released Wednesday, indicated the tapering process could see a monthly reduction of $10 billion in Treasury bills and $5 billion in mortgage-backed securities.<br><br>Officials at the meeting expressed concern about inflation, saying it could last longer \u201cthan they currently assumed.\u201d<br><br>Fed could reduce the $120 billion a month in bond buys slowly. The minutes indicated the central bank probably would start by cutting $10 billion a month in Treasury bills and $5 billion a month in mortgage-backed securities. <br><br>Fed is currently buying at least $80 billion in Treasury bills and $40 billion in MBS. The target date to end the purchases should there be no disruptions would be mid-2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve could begin reducing the pace of monthly asset purchases as soon as mid-November, according to minutes from the September meeting,The summary, released Wednesday, indicated the tapering process could see a monthly reduction of $10 billion in Treasury bills and $5 billion in mortgage-backed securities.Officials at the meeting expressed concern about inflation, saying &hellip;<\/p>\n","protected":false},"author":13,"featured_media":52607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7469,6885,6987,7468,7526,6858],"class_list":["post-52631","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-central-bank","tag-fed","tag-inflation","tag-tapering","tag-treasury-bills","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=52631"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52631\/revisions"}],"predecessor-version":[{"id":52635,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52631\/revisions\/52635"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52607"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=52631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=52631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=52631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}