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FOMC Meeting: Is It Time for Tapering?
After months and months of speculation, it’s finally here. The FOMC is having a two-day meeting and the general understanding is that they will announce that they will start slowing down the pace of their asset purchases soon. What does all the hype surrounding the event actually mean for traders? And what could happen in the markets? Are they really going to taper? This is actually a thorny question because there are a lot of options for the Fed. In fact, the more precise questions you ask, the shakier the consensus gets. If the question is, “are we going to see something from the Fed?” the overwhelming ... (full story)
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Forever learning....
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Follow price direction
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