Morgan: Private Sector Risk Taking Should Help Fed TaperRupert Hargreaves
Private Sector Risk Taking Will be key as the Fed starts to taper
Last week the US Federal Reserve lifted short term rates by another quarter point, meeting analysts’ expectations. However, the Fed also surprised by announcing its plans for paring back the size of its balance sheet during the second half of this year; something analysts had not been expected for some time.
Despite weak inflation figures, the Fed pressed ahead with its decision . . .
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