Yellen: We Expect to End Asset Purchases at Next Meeting

The transcript discusses the improvement in labor market conditions since the program's inception and notes a reduced likelihood of inflation running below 2%. Consequently, the pace of asset purchases has been reduced, with plans to purchase $15 billion of securities per month starting next month. If the committee's expectations of labor market improvement and inflation reaching the 2% target are met, the program will conclude at the next meeting.

How much will the committee be purchasing in securities per month starting next month?

What will happen to the program if the labor market and inflation expectations are met?