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Fed to begin its taper this month

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Michael Kushma, Morgan Stanley, and JPMorgan’s David Kelly join Power Lunch to discuss the Fed’s decision to keep rates unchanged but begin to taper its bond-buying program this month. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi The Federal Reserve announced Wednesday it soon will begin reducing the pace of its monthly bond purchases, the first step towards pulling back on the massive amount of help it had been providing markets and the economy.

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