Industry reaction: US Federal Reserve's tapering decision 'non event'

clock • 2 min read
The industry said the Fed's decision to taper bond buying came as no surprise
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The industry said the Fed's decision to taper bond buying came as no surprise

The US Federal Reserve’s decision to taper is a “non-event”, according to industry experts, who said the move came as no surprise to markets.

The Fed announced on Wednesday (3 November) its plans to start scaling back its $120bn monthly bond buying programme, which has played a crucial role in buoying the US economy as it contends with the ongoing...

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