Fed Still on Track for Tapering in September

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Aug. 1 (Bloomberg) -- Cliff Tan, East Asian head of global markets research at Bank of Tokyo-Mitsubishi UFJ Ltd., talks about Federal Reserve monetary policy. The Federal Reserve said persistently low inflation could hamper the economic expansion and pledged to keep buying $85 billion in bonds every month. Tan speaks with John Dawson and Susan Li on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

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