Braced for tapering? Keep waiting

Nov 17, 2013

Franklin Templeton portfolio manager Mark Boyadjian says expectations of a December change by the US Federal Reserve are overblown.

The US Federal Reserve is likely to be slower to start its tapering programme than many in the markets expect, and the process may also be more gradual than anticipated once it begins, says Mark Boyadjian, San Mateo, California-based senior vice president of the fixed income group.

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