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Fed policy fine print: ‘Don’t assume tapering till we say so’

Fed policy fine print: ‘Don’t assume tapering till we say so’

Prior to Wednesday’s monetary policy statement by the US Federal Reserve, investors had started to factor in the possibility of the central bank lifting interest rates earlier than expected, as evidence pointed at a swashbuckling next few quarters for the US economy. largely due to an acceleration in Covid-19 vaccination drive since January.


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18 March 2021, 03:48