US Fed maintains the suspense on taper timing

Despite better than expected second quarter US economic growth, the US Federal Reserve has refused to detail when it would start winding back its stimulus.

After all the hoopla and eager anticipation about America’s economic growth figures, the US Federal Reserve once again has left financial and commodity markets bewildered.

Most pundits were expecting a timetable or at least an indication of when the central bank would begin winding back its unprecedented $US85 billon a month stimulus program, with many anticipating a tapering as early as next month.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles