US central bank is reducing its bond-buying programme
The US central bank will reduce the $120bn a month support introduced to help the economy through the crisis. …
Since the worst of the pandemic has eased US shoppers have been spending more, including savings built up during lockdowns. But many firms are still struggling to hire the staff they need, goods have been stuck in ports, and a shortage of haulage drivers has slowed deliveries. Some components such as computer chips have been in short supply.
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