Title: In surprise, Fed decides not to ‘taper’ Post by: Psalm 51:17 on September 18, 2013, 04:09:00 pm http://www.marketwatch.com/story/in-surprise-fed-decides-not-to-taper-2013-09-18?dist=afterbell 9/18/13 In surprise, Fed decides not to ‘taper’ Cites strains on economy for standing pat WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday stuck to its massive bond-buying strategy, citing softer U.S. growth in a move that stunned financial markets. By a 9-to-1 vote, the Fed chose to keep buying $85 billion a month in debt and said it would wait for more evidence of economic progress. more |