The Federal Reserve has announced it will wind down its quantitative tightening program, which involved reducing its balance sheet by selling off assets. The move is seen as a sign of confidence in the economy’s strength. The program was put in place after the financial crisis to stimulate the economy. The Fed’s decision to end quantitative tightening comes as the central bank faces pressure to lower interest rates to combat slowing economic growth. The move is expected to have a positive impact on markets and investors.

Read more at Yahoo Finance: Daily Spotlight: Fed Winds Down Quantitative Tightening