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The Business Station
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Federal Reserve Chairman Jerome Powell indicated that inflation is soft and there are no immediate plans to start tapering on bond repurchases. Joe Kalish, Chief Global Macro Strategist at Ned Davis Research, discusses the implications of Powell’s statement including Ned Davis’ asset allocation strategies, and the likelihood of a taper tantrum again.
Image Credit: Shutterstock.com
Presenter: Lyn Mak, Noelle Lim, Roshan Kanesan
Producer: Dayana Mustak
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