Still going upward

Powell revealed that the pace of tapering would be on a base of cutting by US$10 billion to US$15 billion per month, which means that it can take a time of up to one year, and that the implementation date will be discussed before the end of the year.

Still going upward

Powell revealed that the pace of tapering would be on a base of cutting by US$10 billion to US$15 billion per month, which means that it can take a time of up to one year, and that the implementation date will be discussed before the end of the year. That is, it remains unchanged for the time being, and the tapering process is quite mild. The next year will still print a lot of money, but not as much as this year.

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