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Bullard: Market overeacted with taper expectations

From forexlive.com

Own expectations were about 60/40% Difference between none and $10 billion taper is not a big thing 7% unemployment rate is not a commitment. Bernanke put it in as sign post October Fed meeting may be a “live” meeting, i.e accompanied by press conference Small taper possible in October Doesn’t see any problems in continuity if Yellen takes Fed chair Dollar taking the talk of a taper at the next meeting to the bank. Here we go again ;-) (full story)

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  • Category: High Impact Breaking News