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Let’s Discuss, Fed doubles taper rate, eyes three interest rate hikes in 2022 as inflation soars. In making the decision to speed up the tapering on bond purchases, the FOMC cited “inflation developments and the further improvement in the labor market.” The U.S. central bank will lower its monthly purchase of long-term Treasury bonds by $20 billion a month and monthly purchase of mortgage-backed securities by $10 billion a month, bringing the total January purchase to $60 billion.
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Cryptocurrency is subject to Market Risk. Past performance is not a guarantee of future performance. The risk of loss in trading and investment in Cryptocurrency can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Please ensure that you understand fully the risks involved and do invest money according to your risk bearing capacity.
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