Fed keeps buying bonds, but sees economic risks easing
Reuters - 2 hours 52 minutes agoBy Alister Bull and Pedro da Costa WASHINGTON (Reuters) - The Federal Reserve on Wednesday said risks to the outlook for the U.S. economy and job market had eased since last fall, but it said it would keep buying $85 billion in bonds per month given the still-high level of unemployment. Describing the economy as expanding moderately, Fed officials cited further improvement in the labor market and the housing sector, even as they noted that inflation was running below their 2 percent long-term goal. ... More »Fed keeps buying bonds, but sees economic risks easing