With markets on edge from a series of recent disruptions, this is no time for another taper tantrum, where stocks tumble on the news that stimulus may come to an end. Nonetheless the U.S. central bank has officially revealed plans to slow down its purchase of bonds and begin raising interest rates.
Despite worries over a spreading property meltdown in China, rising delta cases, a fight over the debt ceiling in Washington and worldwide concern over the impact of higher rates on public and private borrowing, U.S. Federal Reserve chair Jerome Powell said Wednesday that he is confident it is finally time to plan an
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