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Is the Fed about to signal the start of the tapering of its bond purchases? – Sydney Morning Herald

The Federal Reserve Board meets this week to decide the course of US monetary policy amid economic and political uncertainty.

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The bond and equity markets are signalling that peak growth and peak earnings have either been achieved or, given that markets are forward-looking, about to be reached.
In response to the pandemic, the US spent nearly $US5 trillion in about 18 months. With…

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