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Here's Keneth Rogoff's take on US Fed's QE taper

The Fed decided on Wednesday to trim its bond buying by USD 10 billion to USD 75 billion a month as a modest step and one the US economy could well withstand. Crucially, the US central bank softened the blow by making its forward guidance even more dovish.

first published: Dec 19, 2013 08:03 pm

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