DIVIDEND INVESTING ALERT FOR THE WEEK ENDING 12/20/2013

image_pdfimage_print

The big financial news this week was obviously the Federal Open Market Committee’s (FOMC) decision to taper its bond purchases. Monthly purchases of agency mortgage-backed securities and longer-term Treasury securities will each be reduced by $5 billion, to $35 billion and $40 billion, respectively. Future reductions in purchases by the Fed are likely, though current forecasts suggest more than $400 billion in bonds could still be purchased in 2014.

Read more »

image_pdfimage_print

Leave a Reply

Your email address will not be published. Required fields are marked *