Fed Expected to Continue Tapering at January Meeting

``The central bank may well cut its bond buying to $65 billion a month at the January meeting from $75 billion currently, the paper reported. In its first tapering in December, the Fed also pared its acquisitions by $10 billion. "We're likely to continue on a path of gradual, measured reductions in the pace of purchases, assuming the economy tracks as we expect it to," San Francisco Fed President John Williams told The Journal earlier this month''