• Federal Reserve ends its bond-buying program as widely expected

Market news

30 October 2014

Federal Reserve ends its bond-buying program as widely expected

The Federal Reserve released its interest rate decision on Wednesday. The Fed has decided to end its bond-buying program as widely expected.

The Fed said that the labour market is improving further, with solid job gains and a lower unemployment rate. "The recovery in the housing sector remains slow", so the Fed.

Comments on the state of the labour market were more hawkish than in the past.

The Fed kept its interest unchanged and said that interest rates would remain unchanged for a "considerable time".

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