The US Federal Reserve took its first step away from its historic third round of asset purchases with the decision to taper its monthly buying from $85bn to $75bn.
The decision marks the moment when monetary stimulus finally passed its peak almost five years after a financial crisis that shook the foundations of the global economy.
Starting in January, the Fed will taper its Treasury purchases by $5bn to $40bn a month, and its mortgage-backed securities purchases by $5bn to $35bn a month.
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