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Finally! But a measly quarter point isn't going to make a difference, since our current rate is still ridiculously low.
Fed Reveals Balance Sheet "Normalization" Schedule: Will Reduce Reinvestments By $10BN/Month
COMMENT: The starting time of the tapering apparently has not been settled, but some pundits say September is when it will start.
http://www.centralvalleybusinesstimes.com/stories/001/?ID=32785