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    Fed's Fisher Wants December Taper, Clear Path To End Of QE3

    Wochit Headline News

    by Wochit Headline News

    A top Fed official is saying that the Federal Reserve should start to trim its massive bond-buying program next week, and spell out a clear path for phasing it out altogether. Dallas Federal Reserve Bank President Richard Fisher says, "It is time to taper," in remarks prepared for delivery to the DTN/The Progressive Farmer Ag Summit in Chicago. The Fed's next meeting to decide policy is scheduled for December seventeenth and eighteenth.