Federal Open Market Committee

Federal Open Market Committee: Officials were almost unanimous at the Dec. 17-18 gathering of the Federal Open Market Committee that the recovery had found another gear and would most likely continue to gather pace, according to minutes of the meeting released Wednesday in Washington. More Related to this Story, according to Globe and Mail. U.S. private employers see biggest hiring gain in a year in December The Federal Reserves decision to begin winding up its asset-purchase program has broad support at the central bank, indicating it would take a dramatic shift in the economys prospects to prompt a change of course. Poloz says Fed tapering could push up long-term rates in Canada (www.immigrantscanada.com). As reported in the news.