To start, the U.S. central bank will reduce monthly bond purchases by $15 billion in each of November and December
The department said the legislation should require stablecoin issuers become banks
About half the Fed's policymakers forecast the first rate hike would be in late 2022
Federal Reserve Chair Jerome Powell expects that inflation will remain elevated well into next year
The rules include a ban on holding stocks and bonds
The job market is improving even as hiring has slowed in the past two months
The taper could begin in the middle of November or December
Tangled global supply lines continue to create havoc
The data helps fill in a puzzle looming over the job market
This marks a second straight tepid gain and evidence that the pandemic still has a grip on the economy