The Federal Reserve is up to bat again today. And it seems the bets on tapering are rising with each passing moment. Let's just say I'd be surprised if they announce tapering today. I have several reasons why, but let's just say the state of things in Italy is on the Fed's radar screen. As it pertains to tapering expecatations, we've provided thorough details and analysis in recent issues of Global Investor (for paid members only.) But let me summarize a few pieces with broad strokes: Inflation
Reported by FXstreet.com 6 hours ago.
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