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Us federal reserve

Fed tapering

Everything you need to know about fed tapering

At the end of August, US Federal Reserve Chair Jerome Powell said that the US central bank would be limiting its bond purchases in a move that economists have expected for months. What’s fed tapering? * Federal tapering, or fed tapering, is the process of gradually lessening or reducing something,

Wall Street rout continues as containment efforts rise

Wall Street rout continues as containment efforts rise

Steep losses in the US stock market continued on Thursday, culminating in the worst day for traders since 1987’s “Black Monday” crash. The steep declines come just days after Wall Street suffered its worst day since the 2008 financial crisis, which occurred this Monday, demonstrating a severe lack of