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Monday, September 16, 2013

FOMC will taper 5 to 20 Billion Dollars

Regarding the September 17-18 meeting of the Federal Open Market Committee on QE tapering, "I think maybe they will taper 5 or 10 or 20 billion dollars off the current $85-billion monthly purchase of assets, and they would say they will reassess the situation depending on economic and market conditions.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


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