Central Bank: Federal Reserve

Federal Reserve: HARTFORD, Connecticut - The lone Federal Reserve official to dissent against the U.S. central bank's decision to cut stimulus said on Tuesday he is nonetheless comfortable with the current approach of reducing bond-buying by $10-billion increments at each policy meeting, according to Reuters. The comments from the dovish central banker may reinforce public expectations that the so-called quantitative easing program, or QE, is on track to be wound down and shelved by year end with few surprises along the way and By Jonathan Spicer In an interview, Boston Fed President Eric Rosengren warned against any "dramatic steps" to wind down the asset purchases and gave what might be the most detailed outline to date of what economic conditions might cause the U.S. central bank to veer from a uniform withdrawal of accommodation. (www.immigrantscanada.com). As reported in the news.