Quote on Fed Speech by Deepthi Mathew, Geojit Financial Services
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Below is quote on Fed Speech by Deepthi Mathew, Economist at Geojit Financial Services
"Investors will be looking for clarity on the tapering plans by the Fed. Unlike in the past, Fed Chairman would clearly communicate it to the market to prevent another episode of the taper tantrum. Though the inflation rate is at an uncomfortable level, the uncertainty arising from the delta variant is a cause of concern for the Fed Chairman. And a better picture of the tapering plans will evolve from the FOMC meeting in September"
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