Fed Dials Back Bond Buying, Keeps a Wary Eye on Growth.

The article discusses the U.S. Federal Reserve's (Fed's) December 18, 2013 decision to reduce its $85-billion-per-month bond-purchasing program by $10 billion. Fed Chairman Ben Bernanke said the move reflected a belief that the U.S. economy continued to show improvement. Stock prices rose following the news, with the Dow Jones Industrial Average closing over 292 points higher.