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Federal Reserve to taper bond buying in fourth quarter: Economists SECTIONS Last Updated: Apr 26, 2021, 04:27 PM IST Share Synopsis In the survey, about 45% of the economists expect the Federal Open Market Committee to announce tapering in the fourth quarter with 14% seeing that happening in the preceding three months. Reuters Related By Steve Matthews and Sarina Yoo The Federal Reserve is expected to begin trimming its $120 billion in monthly asset purchases before the end of the year as the U.S. economy recovers strongly from Covid-19, according to economists surveyed by Bloomberg. That’s a bit earlier than forecast in the March survey but leaves Fed asset purchases untouched for several more months, with the first interest-rate increase still not expected until 2023. In contrast, the Bank of Canada said last week it would scale back its purchases of government debt and accelerate the timetable for a possible rate increase, though the European Central Bank meeting on Ap

United statesJerome powellLynn reaserSteve matthewsGero jungJoel naroffCarl riccadonnaScott brownJoe bidenSarina yooRaymond james financial incEuropean central bankMarket committeePoint loma nazarene universityFederal reserveFederal open market committee