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21 Feb 2013
Forex Flash: Fed risks rise QE tapered off sooner - Standard Chartered
So its seems as though several Fed members are willing to alter the pace of bond purchases based on forthcoming economic data, which resulted in a significant appreciation of the US Dollar.
According to Standard Chartered, while the core FOMC remains dovish, "we see QE continuing at current pace until year-end, but risks rise that it could be tapered off sooner " the bank said.
According to Standard Chartered, while the core FOMC remains dovish, "we see QE continuing at current pace until year-end, but risks rise that it could be tapered off sooner " the bank said.