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The Federal Reserve has announced a gradual reduction in its monthly bond-buying program, and what’s the plan? To reduce purchases by $15 billion a month, from the current level of $120 billion, to zero by next June. Investors should take note: The Fed’s tapering has begun! Steve Forbes on how the Fed has portrayed this so-called tapering and on what investors should watch for as disrupted supply chains and labor shortages linger into next year.
What’s Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what’s happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
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