Fed is about to lose face if tapers in October

Note: This section contains information in English only.
Source: Reuters
© Scanpix/RS

The Federal Reserve is considered to lose face, if decides to taper in October after its unexpected decision in mid-September, yet experts consider stimulus cut plausible. Alongside investors' ambiguity around the Fed asset purchasing program, the central bank's promise of close-to-zero rates may harm confidence in future economic growth and hurt economic activity today.

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