Federal Reserve starts deliberations with US stimulus pullback expected
The Federal Reserve began its two-day policy meeting on Tuesday, opening deliberations that are expected to see it announce a pull back of the stimulus it put in place to support the US economy at the start of the Covid-19 pandemic.
Central bankers have clearly telegraphed plans to slow their massive monthly bond buying program that helped stave off a financial collapse as the world's largest economy reeled from the pandemic damage in March 2020.
But the tougher question facing members of the Fed's policy-setting Federal Open Market Committee (FOMC) at the meeting a central bank spokesperson said began Tuesday afternoon is what to do about rising prices - and when.
Join your host Sean Reynolds, owner of Summit Properties NW, and Reynolds & Kline Appraisal as he takes a look at this developing topic.
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