美联储

Fed eyes options to offset end of QE3

The US Federal Reserve could cut the interest it pays to banks on their reserves in a dramatic move to offset an eventual slowing of its $85bn-a-month asset purchases.

The central bank offered no hints on when it could “taper” QE3, its quantitative easing, reiterating that it might make the move “in coming months”.

But the rate-setting Federal Open Market Commitee’s discussion of alternatives suggests it is keen to slow its buying.

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