November? December? Fed's 'taper' timeline tied to volatile jobs data - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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November? December? Fed's 'taper' timeline tied to volatile jobs data

Fed officials, including Chair Jerome Powell, have said the US central bank's $120 billion in monthly bond purchases could be scaled back later this year as a first step towards ending the crisis-era policies implemented in the spring of 2020 as the coronavirus pandemic was taking hold.

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