- The Fed could reduce its monthly bond purchases to $65B from $75B at a FOMC meeting next week, the WSJ's well-connected Jon Hilsenrath reports.
- The move would come after the Fed cut $10B from the program in December and despite a weak jobs report last month, with policy makers still bullish about the U.S.'s economic prospects.
- Officials, though, are debating about how best to express their intentions vis a vis raising interest rates, especially as they've linked any increase to falling unemployment.