This is a post for Capital Mind Premium subscribers, sent on 2 May 2014.
The US Fed has decided to taper down debt purchases as part of it’s QE3 by another $10 billion, bringing it down to $45 billion per month. They will keep on buying Mortgage Based Securities and Government Debt, but at a lower pace. The pace has gone down from $85 bn per month, with $10 bn decrements to $45 bn per month.
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