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Fed Taper Talk Overhyped: Surjit Bhalla

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September 18: The US Federal Reserve’s taper talk is overhyped, says Surjit Bhalla, Senior Advisor at ZyFin Research. However, it hasn’t and won’t be of much concern to markets, he says, adding that interest rates have risen due to the economic recovery in the US. The Fed should and will begin tapering and the market will see a relief rally, he adds.