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In The News

June 17, 2021

Rob Daly Discusses Tapering with The Wall Street Journal

“Some investors welcome the central bank’s discussion of tapering asset purchases. There is enough demand for government bonds and mortgage-backed securities for the central bank to step back without punishing investors in the long term. While the market may not like a moderately hawkish tone, it is the right thing to do and is still incredibly accommodative. Tapering is not raising rates.”  Click here to read the full article.