Analysts expect delay in Fed taper

Analysts at JPMorgan Chase and Goldman Sachs forecasted this week that the Federal Reserve will delay any slowdown in its bond-buying program until the spring, after slow growth and only modest improvement in the unemployment rate. "Because of this, and absent some miraculous improvement in the data, tapering in 2013 now looks to be off the table," JPMorgan's Michael Feroli wrote in a research note.

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