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17 Jun 2013
Fed to hint tapering is close
FXstreet.com (San Francisco) - Ben Bernanke would say on Wednesday that the Federal Reserve is close to cut its $85-Bn-a-month asset-purchase program according to a Financial Time report.
According to FT.com, the Fed's chairman will deliver an upbeat message on a strong economy that would justify a taper. However, he will balance that by stating that further movements depend on how the economy is performing.
According to FT.com, the Fed's chairman will deliver an upbeat message on a strong economy that would justify a taper. However, he will balance that by stating that further movements depend on how the economy is performing.