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Markets Bounce Back as Fed Announces Bond Tapering, Believes Inflation to Be Transitory

Markets Bounce Back as Fed Announces Bond Tapering, Believes Inflation to Be Transitory

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The Federal Reserve released its post-meeting notes today in a press release, announcing that it would be scaling back on the bond purchases it began at the onset of the COVID-19 pandemic. To many investors’ relief, the Fed also reinforced its stance that the inflation being experienced is a transitory one, and markets responded in [.

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