June 14, 2013 / 3:48 PM / 4 years ago

IMF'S Lagarde: Fed likely to start trimming bond purchases next year

WASHINGTON, June 14 (Reuters) - The International Monetary Fund expects the U.S. Federal Reserve will trim the amount of bonds it buys every month beginning next year, the organization’s chief said on Friday.

“In terms of our hypothesis for next year’s (economic) forecast, I think we have assumed a very slight decline” in monthly purchases made by the Fed, IMF Managing Director Christine Lagarde told a news conference.

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