Federal Reserve Caps Its Bond Purchases

Federal Reserve Caps Its Bond Purchases; Focus Turns to Interest Rates

By BINYAMIN APPELBAUM

Many see the end of quantitative easing as a milestone in America's slow recovery, and the central bank says the likelihood of persistently low inflation has diminished.

Source: http://www.nytimes.com/indexes/2014/10/30/todaysheadlines/index.html?nlid=59725256