With Fed out of the way, what's next on Wall Street?

Last Updated: Saturday, December 21, 2013, 04:15

With the US Federal Reserve finally announcing it will start tapering its stimulus, removing a big uncertainty in the market, can Wall Street expect a stronger finish to the year? Not really.

Fed cuts bond buying in first step away from historic stimulus

Last Updated: Thursday, December 19, 2013, 14:16

The central bank modestly trimmed the pace of its monthly asset purchases, by USD 10 billion to USD 75 billion, and sought to temper the long-awaited move by suggesting its key interest rate would stay at rock bottom even longer than previously promised.

Dow, S&P end at record highs after Federal’s stimulus cut

Last Updated: Thursday, December 19, 2013, 02:57

The Dow and the S&P 500 closed at all-time highs on Wednesday after the Federal Reserve announced a small reduction in its stimulus program, confirming that the US economy was on firm footing.

Fed chief Bernanke’s news conferene: Highlights

Last Updated: Thursday, December 19, 2013, 02:47

Below are highlights from Federal Reserve Chairman Ben Bernanke`s news conference following the Fed`s policy announcement on Wednesday that the central bank would begin to trim its aggressive bond buying program.

US Federal Reserve tapers by $10 billion, stocks bounce

Last Updated: Thursday, December 19, 2013, 01:41

The Federal Reserve started its long-awaited reduction in stimulus, cutting its monthly purchases to USD 75 billion a month, saying it expects to keep reducing asset buys in "measured steps" if economic figures continue to improve.

Federal Reserve to taper US stimulus by $10 billion from January

Last Updated: Thursday, December 19, 2013, 01:33

The Fed will spend USD 75 billion on bonds a month starting in January, down from the USD 85 billion a month it has spent for a year in an effort to tamp down long-term interest rates to stimulate growth and jobs.

RBI net buyer of dollar in Oct after 5-mth gap, buys $ 3.93 bn

Last Updated: Tuesday, December 10, 2013, 21:52

After a gap of five months, the Reserve Bank of India (RBI) was a net buyer of dollars in October after it bought nearly USD 4 billion worth greenback.

Fed committed to easy policy for as long as needed: Bernanke

Last Updated: Wednesday, November 20, 2013, 09:57

President Barack Obama nominated Yellen, the Fed`s current vice chair, to replace Bernanke when his term ends on January 31.

Senate panel to vote on Yellen Thursday

Last Updated: Tuesday, November 19, 2013, 09:38

Yellen, 67, was picked by President Barack Obama to replace Bernanke when he leaves the post as Fed chief at the end of eight years in the job on January 31.

Bernanke, other policymakers point to weakness in labor market

Last Updated: Saturday, November 9, 2013, 12:42

Bernanke was not specifically referring to the latest employment report, which showed the unemployment rate rose to 7.3 percent in October while employers added 204,000 jobs.

US Federal maintains strong stimulus as growth stumbles

Last Updated: Thursday, October 31, 2013, 00:48

The Federal Reserve extended its support for a slowing US economy on Wednesday, sounding a bit less optimistic about growth and saying it will keep buying USD 85 billion in bonds per month for the time being.