TORONTO, ONTARIO and NEW YORK, NEW YORK — (Marketwired) — 09/18/13 — The U.S. Federal Reserve will provide an update today on plans to start pulling back from its massive bond-buying program.
The U.S. central bank spends $85-billion U.S. a month to buy assets, aimed at stimulating the economy and helping to ease unemployment. It has signalled it could begin pulling back this month and stop the program by next year.
BMO experts are available for interviews to provide insights on the implications for the U.S. and Canadian economies, along with global stock markets:
Contacts:
For questions or to arrange for an interview, please contact
Martha McInnis, New York
(212) 702-1992
Russell Baker, Toronto
(416) 867-3996
Media Contacts:
Martha McInnis, New York
(212) 702-1992
Russell Baker, Toronto
(416) 867-3996
Internet:
Twitter: @BMOMedia