With the economy on the mend, Federal Reserve policymakers last month felt comfortable slowing the pace of one of its economic revival programs and not changing any others.
Fed Signals Vote Of Confidence In Economy
The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending.
Consumer Spending Rebounds
Consumer spending rose at its fastest pace in five months in July, supporting views the economy was not falling back into recession.
Fed officials see high bar for more bond buys
Two top Federal Reserve officials said on Tuesday they expect the central bank's $600 billion bond purchase program to run its full course, while a third said the central bank should...
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