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Transcripts for BBCNEWS World Business Report 20210819 04:39:00

Programme, of course a huge issue that we are keeping a very close eye on here at the bbc but now let s move on because we have two, time is restricting us as ever. now to financial markets, wall street saw a sell off and stocks are headed lower in asia today thanks to the details of taper talk from the us federal reserve s meeting injuly. the minutes from that meeting have been released and michelle fleury has gone through them and tells us what fed officials discussed. hovering over the financial markets for a while now is this question, how soon with the us federal reserve start to taper its asset purchases? that is the $120 billion a month the american central bank has been spending to buy us treasuries and mortgage bonds, a programme are pursued to stimulate the economy. according to the minutes from the july policy meeting, we may not be far off. most feared officials agree it might be time to start scaling back its bond purchases before the end of the year. those ....

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