tapering

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FOMC: Tapering is officially over

Oct 29, 2014By

It’s over. The Federal Open Market Committee officially decided to conclude its two-year-old asset purchase program this month due to the substantial improvement in the outlook for the labor market and strength in the broader economy. The Zero Interest Rate Policy, on the other hand, remains in full effect.

3d rendering of a row of luxury townhouses along a street

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