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Markets Close at Records as Fed Gets Ready to Taper

CNBC's "Fast Money"

00:00

Do You Think the Fed Needs to Wait to See September Data?

Karen Doyou: Why has it been a taper tranquillity so far? She says the answer may be that there's been advance notice. The Fed is tapering its purchases of Treasuries and mortgage-backed securities, she says. And markets have probably bought into this idea inflation will be temporary, Karen adds.

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