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Bond Traders Are Passing Around This Report That Says The Fed Has Hit 'Ctrl-Alt-Delete' On Tapering
We've received emails from a few different Wall Street bond trading desks this morning about a new report from Medley Global Advisors arguing that at its September FOMC meeting, the Federal Reserve made it much more difficult to justify tapering its quantitative easing program going forward. In the report — titled "Fed: Ctrl-Alt-Delete" — Medley analysts Regina Schleiger and Jeremy Torobin write that, "more than simply standing pat, the Federal Open Market Committee has effectively hit the reset button and is back where it was six months ago — at the very start of a long process of building the case for a ... (full story)
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