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Federal Reserve announces tapering begins this month, leaves rates unchanged

Federal Reserve announces tapering begins this month, leaves rates unchanged

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The Federal Reserve announced Wednesday it will begin tapering — or easing its massive bond buying in a matter of weeks. By mid-November the central bank will reduce its $120 billion-per-month program of buying Treasury and mortgage bonds by $15 billion — taking the monthly buy down to $105 billion.

...read full article on New York Post

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