Los Angeles Business Journal

Jobs Data May Slow Fed on Bond Cutbacks

Friday, September 6, 2013

August's mediocre employment report is not expected to deter the Federal Reserve from taking the first step toward slowing its bond purchases in September, CNBC reports, but the central bank may cut back the $85-billion-a-month bond-buying program more slowly. The Wall Street Journal looks at five takeaways from the report.