The Fed has announced a $10 billion Reduction - Week in Review 12/20/13

The Federal Reserve announced Wednesday that it would taper it's bond and treasury purchasing to $75 billion, a $10 billion reduction. The rates initially reacted by going up, but Thursday the market leveled itself out and rates are now close to where they were before.

The Fed has announced a $10 billion Reduction - Week in Review 12/20/13