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Thereafter the Fed "will likely reduce the pace of asset purchases in further measured steps at future meetings".
Yellen said the Fed "will likely reduce the pace of asset purchases in further measured steps at future meetings".
But the British clearly think that one way to address Pakistan's concerns would be to reduce the pace of the bombing without stopping it entirely.
On Wednesday, the Fed said it was "prepared to increase or reduce the pace of its purchases," depending on the outlook for the labor market and inflation.
The sell-off began in May, amid concerns that the Fed might be preparing to reduce the pace of its stimulus program.
Chinese growth looks set to remain strong, even though the government is trying to reduce the pace of money supply growth.
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He took the medical emergency as a warning and reduced the pace of his activities.
Businesses have also reduced the pace of investment in areas like equipment and computer software.
Consumers increased their spending from January through March but reduced the pace of their savings to finance it.
Traders are hopeful the Fed will shed some light on a timeframe of reducing the pace of QE and downplay the markets' over-reaction since 22 May.
Reductions in government spending reduced the pace of growth in the first quarter by more than one percentage point, and the cuts have continued.
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