About This Source - Bloomberg Politics
Bloomberg Politics produces English language political stories from around the world, from a US perspective. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Politics published this video item, entitled “Fed to Wind Down Pandemic Facility” – below is their description.
Jun.03 — The Federal Reserve has outlined plans to wind down a portfolio of corporate debt that they purchased through the pandemic. Policy makers say portfolio sales will be gradual and orderly with additional details provided as the process begins. The announcement comes as markets look for clues on the start of taper talks. Bloomberg’s Michelle Jamrisko reports on “Bloomberg Daybreak: Europe.”Bloomberg Politics YouTube Channel
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