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Jed Graham: Federal Reserve Cites Progress In Step Toward Tapering


The Federal Reserve maintained its ultra-easy policy, as expected, on Wednesday, but signaled it's getting closer to tapering asset purchases. After the 2 p.m. policy statement, the stock market, though mixed, didn't seem at all phased by the Fed's modest step. The Fed's new policy statement noted that policymakers had set a threshold

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Posted: July 28, 2021 Wednesday 02:16 PM