The Fed taper hits an inflation hurdle

Stubbornly low inflation and an imminent change of leadership suggest the Federal Reserve may not taper its stimulus program just yet. Despite the obstacles, a Fed taper can't be far away.

As the Federal Reserve meets to debate the merits of tapering its asset purchasing program, low inflation numbers will likely offset encouraging signs of broad-based economic recovery. The change of leadership set to take place early next year could also give the Fed reason to pause.

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