Skip to main content

Fed minutes point to December taper, but that was pre-shutdown

The minutes from the contentious FOMC meeting last month reveal that despite the decision to delay the tapering of its asset purchases, which was described as a "relatively close call", "most" Fed officials still expected to begin the tapering before year-end and to halt it completely by mid-2014. Of course, that was before the current government shutdown began. There is now a risk that the Fed won't begin to slow its asset purchases until early next year.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access