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Fed keeps rates low, but not for long; here's when rates rise, markets correct - Phil Streible

Kitco News

The Federal Open Market Committee (FOMC) has kept interest rates low for now, but Phil Streible, chief market strategist of Blue Line Futures, said that it won't be long until tapering begins, which would pose a major risk to equity markets.

"Next meeting you'll start to hear about tapering and there is wide speculation on like when they're going to finally raise rates, it's like December 2022, and then March 2023," he said.

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