Fed’s Taper Start Seen as Non-Event in Poll of Investors
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An anticipated reduction in stimulus by the Federal Reserve that has roiled the financial markets for months will be seen as no big deal if it goes ahead next week, according to a Bloomberg Global Poll of investors.
Fifty-seven percent of those surveyed say they don’t expect a sudden change in the markets because investors already anticipate tapering action by the U.S. central bank. Eight percent see a rally on such news, while just under a third are looking for declines, based on the Sept. 10 poll of 900 investors, traders and analysts who are Bloomberg subscribers.