10/23/2013

The long-anticipated tapering of the U.S. Federal Reserve's bond-buying program is most likely to commence in March, according to Goldman Sachs. Given the surprisingly weak employment report for September, December appears to be an unlikely starting point. But even the March forecast in Goldman's estimation assumes that "the next set of fiscal deadlines [on the U.S. debt ceiling] proves less disruptive than the most recent set."

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