<a href=’http://news.xinhuanet.com/english/business/2014-07/31/c_126816360.htm’ target=’_blank’>U.S. Fed announces further cut in monthly bond purchases</a>

The U.S. Federal Reserve announced on Wednesday that it will continue to trim its monthly bond purchase program by 10 billion U.S. dollars to 25 billion dollars since August, staying on track to end the program later this year.