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With the Fed cutting rates for the first time since the financial crisis, there are a lot of monetary policy moves to monitor. You can count on "Fed Watch" to bring you all the latest updates on the economic data shaping central bank policies.
With the Fed cutting rates for the first time since the financial crisis, there are a lot of monetary policy moves to monitor. You can count on "Fed Watch" to bring you all the latest updates on the economic data shaping central bank policies.

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Fed to Taper $120 Billion Monthly Bond Purchases in 2021, Powell Hints in Jackson Hole

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Fed Chair Jay Powell is suggesting that the Fed could be ready to wind down some of its emergency stimuli before the end of the year. Speaking virtually at the annual Jackson Hole Symposium, he hinted at tapering, but reminded investors that winding down bond purchases is a separate issue from interest rates with a separate set of criteria.