U.S. stocks fell the most in three months and a key gauge of
market volatility spiked on Wednesday after minutes from the U.S. Federal
Reserve's most recent meeting suggested the central bank may slow or stop
buying bonds sooner than expected.
The minutes from the Fed's
January meeting showed many officials voiced concern last month over potential
costs of more asset purchases, suggesting that the program, known as QE, may
slow before the pickup in hiring it was intended to deliver.
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