Su keenan with the equity markets in record territory as the fed moves to taper qe. Yang yang with a comb i got as thein the Senate Budget compromise passes. Those stories in a moment. First, the Federal Reserve take the first step in unwinding its unprecedented economic stimulus. At one of the final meanings of chairman ben bernanke is tenure, the fed announced it will trim its monthly bond buying starting in january. Peter cook has more on the decision and mr. Bernankes last News Conference as chairman. Let the taper begin. At their final meeting, the Federal Reserve decided to scale ,ack the Bond Buying Program convinced that the economys cumulative progress allows the central bank to ease up on its record stimulus. Chairman ben bernanke who has chosen successor janet yellen also carefully matched to that move with new language reinforcing the commitment to keep Interest Rates low for the foreseeable future. The bond buying which has swelled the Balance Sheet will be reduced to 75 b
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