NABE economists divided on timing of Fed pullback

Published February 24, 2014 3:09pm ET



WASHINGTON (AP) — Business economists are almost equally divided over whether the Federal Reserve will pare its bond purchases at the current pace through year’s end or pause to let the economy recover further.

The views were unveiled Monday by the National Association for Business Economics. The NABE conducted its twice-a-year survey of 230 members between Jan. 30 and Feb. 6, before Janet Yellen’s first appearance before Congress as Fed chair.

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