To start, the U.S. central bank will reduce monthly bond purchases by $15 billion in each of November and December
Borrowing needs are starting to ease
President Joe Biden outlined Thursday a US$1.75-trillion framework
Meanwhile, central banks in other parts of the world look to dial back support
Federal Reserve Chair Jerome Powell expects that inflation will remain elevated well into next year
The rules include a ban on holding stocks and bonds
The Biden administration has issued a report with plans to protect the financial, insurance and housing markets
The company has missed a third round of interest payments on its offshore bonds this week, spooking investors globally
Americans continued to spend at a solid clip in September even while facing some sticker shock
The job market is improving even as hiring has slowed in the past two months