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Earlier this afternoon, the Federal Open Market Committee (FOMC) unveiled its monetary policy, choosing to taper its asset purchase program by $10 billion, to a monthly pace of $35 billion.

 

The statement was, on the whole, dovish.

Federal Reserve chair Janet Yellen then took the stage to explain the Fed decision.

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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec consectetur, nibh ut feugiat placerat, orci lacus accumsan erat, eget porttitor arcu velit a lacus. Sed tempus bibendum risus, nec dignissim sem vestibulum ut. Nam iaculis aliquam elementum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec consectetur, nibh ut feugiat placerat, orci lacus accumsan erat, eget porttitor arcu velit a lacus. Sed tempus bibendum risus, nec dignissim sem vestibulum ut. Nam iaculis aliquam elementum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec consectetur, nibh ut feugiat placerat, orci lacus accumsan erat, eget porttitor arcu velit a lacus. Sed tempus bibendum risus, nec dignissim sem vestibulum ut. Nam iaculis aliquam elementum.

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