Federal Reserve Chairman Ben Bernanke.
Federal Reserve Chairman Ben Bernanke. - 

On Wednesday, the Federal Reserve announced it will cut its bond-buying program by $10 billion starting January.

In its statement, the Fed cited stronger labor market conditions as a primary factor in the decision. The announcement may have surprised many investors who were keenly watching the relationship between quantitative easing and inflation

The Fed began its series of large-scale bond purchases -- known as quantitative easing -- 15 months ago to boost hiring and economic growth. The annoucement today is a major pivot point for one of the Fed's largest monetary policy experiments.

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.