Fed Won't Taper in Near Term, Shugg Says

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Nov. 22 (Bloomberg) -- James Shugg, senior economist at Westpac Banking Corp., discusses the outlook for the Federal Reserve under Janet Yellen. Yellen's nomination to be the next chairman won Senate Banking Committee approval yesterday and now moves to a full Senate vote. Shugg speaks with Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)

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