Get used to it
No one can pretend they don’t know now. What Ben Bernanke might have thought he had already made clear, but which many in the markets had appeared to want to ignore, is that the US has every intention of reducing its asset purchases as and when the economy allows.
It could start this year. And if all goes well, it could be done and dusted in the first half of 2014.
Some peculiar attitudes — that Bernanke might see the light and say something perceived as more dovish, or constructive, to help out markets — persisted right
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