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The U.S. Fed continues to believe that inflation will be ‘transitory’

The U.S. Fed continues to believe that inflation will be ‘transitory'

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The benchmark S&P 500 index hit a record high for the fifth consecutive session on Wednesday after the U.S Federal Reserve said it’ll start tapering later this month. A brief recap of what the Fed said The central bank wants to end its $120 billion asset purchase programme by next June.

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