35  Education debt-to-income ratio is calculated based on what SCF respondents reported as their usual income. Numbers are for families with education debt. 8  BIS central bankers’ speeches  Opportunities to build wealth through business ownership For many people, the opportunity to build a business has long been an important part of the American dream.
Bear in mind that asset purchases are pressing down on the accelerator, adding each month to the amount of accommodation the Fed is providing to the economy through downward pressure on longer-term interest rates. Reducing purchases and ending them on this schedule is not monetary tightening, but a gradual reduction in the pace at which we are adding accommodation.