quantitative-easing

Bid to maintain calm markets

Follows a dramatic two-day rally

Purchases just £22m in bonds

Money supply set to shrink

Robert Holzmann

Confirms QE will end in March

To cut bond purchases by $30m

The US Federal Reserve’s decision to taper is a “non-event”, according to industry experts, who said the move came as no surprise to markets.

Jackson Hole symposium