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Fed Could Start Tapering QE3 By End Of Year

Summary: 
The Federal Reserve could begin tapering off its bond-purchasing program later this year, said Fed Chairman Ben Bernanke Wednesday after the Federal Open Market Committee meeting. That set off a flurry of bond buying after the meeting. But for now, the Fed's monetary policymakers are holding steady on any action and keeping their near-zero targeted federal funds interest rate.

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