A poll by Reuters overnight suggests 49/69 economists still expect the Fed to taper in its September FOMC meeting, while 55/67 view the first rise in funds...

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A poll by Reuters overnight suggests 49/69 economists still expect the Fed to taper in its September FOMC meeting, while 55/67 view the first rise in funds rate to occur in 2015. Nonetheless, it appears there is a slight change in consensus now as markets expect a dovish taper or taper lite whereby the Fed will reduce its asset purchases in the upcoming meeting, but in the most minimal way possible.

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