LaVorgna said the tapering of its reinvestments could look very similar to its tapering of purchases in 2014.
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The ECB will probably announce a tapering of its asset purchases in September and actually begin tapering in January next year, Dragicevich added.
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"Tapering was not discussed today," he concluded, before adding that the concept of "tapering" has several meanings and depends on who was discussing the term.
|
|
JC: You said you're not talking about tapering at this moment, but you must discuss what tapering would look like for the markets, particularly given the conditions in Europe at this moment.
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|
Talk of "tapering" QE in 2013 prompted a partial reversal.
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|
However, not everyone sees signs that stealth tapering has begun.
|
|
" Clarke joked that drinking five beers "apparently is called tapering.
|
|
The modalities of QE tapering could be decided in July.
|
|
And it spent the whole week of practices tapering down.
|
|
"Recalibration is not tapering, it's open ended," another source said.
|
|
Q: By when do you see the ECB beginning tapering?
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|
Forecasts said precipitation would continue through Monday, tapering on Tuesday.
|
|
I expect them to be setting themselves up for tapering.
|
|
"We don't see the basic trend tapering much at all."
|
|
"There is no question about tapering," Draghi told the news conference.
|
|
The tapering of the holes also discounted the theory of infection.
|
|
"The ECB just announced tapering," ING economists said in a note.
|
|
"There is no question about tapering," ECB President Mario Draghi said.
|
|
As a result, he found his reliance on alcohol tapering off.
|
|
However, the M&A wave may be tapering off, said Kapoor.
|
|
The recently signaled while the began discussions on tapering last month.
|
|
All these point to a good time for balance sheet tapering.
|
|
Now it's tapering off… But we're going to have another outpouring.
|
|
Last week, I contemplated tapering off my meds, or lowering them.
|
|
Only four expected the central bank would begin tapering this year.
|
|
The initial response of markets was that this looked awfully like tapering.
|
|
The ECB may even finally start tapering its own bond purchasing program.
|
|
Yet the lack of tapering makes it feel more robust and substantial.
|
|
Next week's potential talk on "tapering" should therefore be a brief one.
|
|
The Tapering Vapor was almost empty save for Andrew Taylor, the manager.
|
|
We partner with patients, do not mandate tapering or a final dose.
|
|
Why is the Fed so adamant about tapering its balance sheet now?
|
|
Yet rather than increasing her dose, Dr. Wergin was tapering her down.
|
|
A: The ECB has started tapering and will continue to do so.
|
|
Snow will continue into Saturday, tapering off Saturday evening through Sunday morning.
|
|
Analysts who had initially declared the beginning of tapering modified their views.
|
|
Brink said the heavy rain and snow is tapering off in California.
|
|
The report did not give a date for when any tapering could begin.
|
|
"Will there be a better moment to start tapering beyond 2017?" he asks.
|
|
Now Draghi insists that's not tapering, I sort think he's arguing that technicality.
|
|
She's now on naltrexone, another medication for opioid addiction, after tapering off buprenorphine.
|
|
Now amid harder times, interest in buying farmland is tapering off, he said.
|
|
That is when we probably get a little bit of news on tapering.
|
|
Globally, bullying tends to peak in the early-teenage years before tapering off.
|
|
Gabapentin, a prescription medication, can help ease symptoms if tapering isn't an option.
|
|
The wild advances we've seen for the last near decade are tapering off.
|
|
Slowly tapering your caffeine dosage each day can greatly reduce these withdrawal symptoms.
|
|
The Veterans Administration has more information (PDF) about tapering off of opioid drugs.
|
|
The proportions are perfect, with a long, low nose and a tapering back.
|
|
This will permit the Fed to raise rates and begin tapering its portfolio.
|
|
The architects designed a rough-surfaced, tapering tower whose windows resembled artillery damage.
|
|
Federal Reserve signaled in 2013 that it was going to begin "tapering" its
|
|
She's been tapering off Valium for 11 months and she's about halfway done.
|
|
Mario Draghi, the central bank's president, has refused to stoke the tapering talk.
|
|
The C.D.C. had already published its own "pocket guide" for doctors on tapering.
|
|
She continues to take immune-suppressing medications, but Stewart is tapering the dosage.
|
|
This building has such a presence, with the plaza and its tapering sides.
|
|
They told me tapering off the steroids was going to be very difficult.
|
|
It is important to note that although the ECB announced a quasi-tapering of assets to 60 billion euros per month from 1.773 billion euros per month beginning in March of 2016, it was not a genuine tapering in the least.
|
|
"Investors have been bracing for this balance sheet tapering business for a long time and, for the most part, a certain pace of tapering is already priced-in to today's rates," noted Matthew Graham, chief operating officer at Mortgage News Daily.
|
|
My point is, I think this (not tapering) will be a significant dovish surprise.
|
|
To prevent withdrawal, slowly tapering off your cannabis use is the way to go.
|
|
So you can say that the bank is tapering in a more dovish way.
|
|
Mario Draghi, the ECB's president, stressed that this was not "tapering…just a downsize".
|
|
A scarcity of eligible government debt for ECB stimulus strengthens the case for tapering.
|
|
"Tapering and taking a break is anathema to that building of confidence," Taylor says.
|
|
Investors awaited details from the central bank regarding tapering in its asset buying program.
|
|
But now that new infections are tapering off, Beijing is sending doctors to Europe.
|
|
Perhaps the above is due to Kondo's appropriate tapering down in levels of opponent.
|
|
With analytics, you may actually note it's tapering off and showing signs of decline.
|
|
"Putting more effort into explaining why the euro is rising on it and on how the balance sheet will continue to deliver stimulus even after tapering could allow for gradual tapering," said ECB watcher Anatoli Annenkov of Societe Generale in a note.
|
|
Use an angled brush to apply the color, tapering off the ends into angled points.
|
|
BC: No, we haven't really-, we haven't discussed the shape, the other modalities of tapering.
|
|
Italy, seen as one of the most vulnerable countries to tapering, is one to watch.
|
|
Couscous scatters across the floor, crumbs tapering off into the darkness of the black rug.
|
|
Many patients are terrified of tapering, because — as I know well — withdrawal can be hell.
|
|
"The slowdown in our government bond buying is different from the Fed's tapering," he added.
|
|
"There is no question about tapering," he told a news conference after an ECB meeting.
|
|
So a material amount has come, but there is more to come gradually tapering off.
|
|
Investors are expecting details from the central bank on tapering in its quantitative easing program.
|
|
The trade comes just as gold and the gold miners seem to be tapering off.
|
|
Shortly after, Human Rights Watch published a report documenting patient harms from forced opioid tapering.
|
|
Additionally, the tapering will also tighten dollar liquidity, creating currency appreciation pressure to the dollar.
|
|
He added that any "open talk" of tapering or ending its stimulus would confuse markets.
|
|
"The winds are tapering off, but we still have a lot of rain," she said.
|
|
Withdrawal symptoms are readily avoided or minimized by careful tapering over a number of weeks.
|
|
A recent study of coronavirus patients in China suggested the outbreak may be tapering off.
|
|
Weather: Expect rain this morning, tapering in the afternoon, with a high of about 215.
|
|
The Fed would start with $10 billion and gradually increase the size of its tapering.
|
|
And market participants have been anticipating a "tapering" of stimulus for most of the summer.
|
|
During this tapering, one of his doctors called him an "addict" in front of his wife.
|
|
Having survived both tapering and rate increases, Fed officials now seem inclined to dismiss such worries.
|
|
I'm currently tapering off TMS so I'll be back to hunting for a talk therapist soon.
|
|
That, they said, could help ease the patient into taking buprenorphine and tapering off other drugs.
|
|
Bomb radiocarbon began tapering off only in the 1970s, with the end of widespread nuclear testing.
|
|
HK I think it's too early to think about tapering or changing our monetary easing position.
|
|
Nagy also said the bank would be closely watching when the European Central Bank starts tapering.
|
|
You can also experiment with thickness and tapering to achieve a look that's right for you.
|
|
Mental health professionals don't recommend this; they recommend tapering off gradually—and I can see why.
|
|
But the nonpartisan Congressional Budget Office (CBO) forecasts strong growth through 2018, followed by a tapering.
|
|
Local donations were tapering off as raging rivers and mudslides continue to slam parts of Peru.
|
|
The women in this story were not forced to begin tapering until after they gave birth.
|
|
"The surprise for markets next year could be that the ECB is not tapering," Schuh said.
|
|
At the other end of the bench, the bowl-like form fits onto a tapering cylinder.
|
|
Weather: Rain on your party, starting in midafternoon as temperatures climb through the 40s, tapering overnight.
|
|
Dr. Horowitz said he had severe withdrawal symptoms after tapering down after 15 years on antidepressants.
|
|
Even after three robust years of growth, there are no signs of tapering in any way.
|
|
The rationale for the ECB to start the "tapering" despite subdued inflation was announced in Sintra.
|
|
Salesforce's stock hit a new 52-week high on Tuesday, tapering its gains into the close.
|
|
"So we have tapering but not tightening so far, but the latter is coming," they said.
|
|
McLoone was in a place in his life in which he felt comfortable tapering off methadone.
|
|
The move was seen by some traders as a first step towards tapering in the euro zone.
|
|
Investors tried to figure out whether this marked the start of a tapering of its stimulus programme.
|
|
The other half believed they were tapering but got capsules that in fact maintained their regular dosage.
|
|
Tapering in such an environment could be seen as giving up on the target, some critics argue.
|
|
Tapering and when it might start will be the big elephant in the press room on Thursday.
|
|
The aerospace cycle also is turning, with orders tapering after several years of record sales to airlines.
|
|
The effects of going off benzos cold turkey (as opposed to tapering) are legendary in their awfulness.
|
|
"ECB tapering will have an impact but it's definitely the lesser of the two evils," he said.
|
|
For endurance athletes like Roberts, tapering leaves racers with a lot of free time previously spent training.
|
|
The ECB is expected to extend asset purchases beyond March 2017, before tapering some time next year.
|
|
Will the Fed choose to gradually stop reinvesting — "tapering," in Fed parlance — or stop all at once?
|
|
Tapering down takes several weeks, and requires close monitoring from a physician to check for relapsing symptoms.
|
|
Musk, in comments reported by Gizmodo, said there is sometimes mandatory overtime, but it is tapering off.
|
|
A corset consists of a rib cage and spine, forged from aluminum and tapering to a tail.
|
|
But policies to force opioid tapering as a way to mitigate the opioid crisis are ill-conceived.
|
|
"ECB tapering is a "benign" scenario for Spanish bond markets," Spain's Pablo de Ramón-Laca Clausen said.
|
|
Curle started tapering off benzos almost three years ago and still has a long way to go.
|
|
The 'Westminster bollard' is a ribbed one-meter tall manganese steel pillar, with a tapering rectangular shape.
|
|
There will be no tapering off through the day; there is no end to the people coming.
|
|
The tapering of each jar's elevation leaves these two spaces slightly triangular, which heightens their abstract profile.
|
|
The biggest challenge could be convincing markets that tapering, once started, may still be subject to change.
|
|
Called a radome, it was a tapering multifaceted structure of interlocking triangles rising more than 400 feet.
|
|
There were a handful of Fed watchers who have said the Fed could announce tapering next week.
|
|
The ECB, meanwhile, has hinted at the possibility of tapering its quantitative easing program sometime next year.
|
|
The storm will dump a quick three to seven inches before tapering off around sunrise Sunday morning.
|
|
He said his outbreaks began tapering off, and that he last had an outbreak on March 27.
|
|
"We did a lot of variations in terms of the shape and angle—like the tapering," she said.
|
|
But no major changes are expected, with Draghi possibly using the opportunity to tame market expectations for tapering.
|
|
Mixed markets: The trade fears that have gripped Asian markets in recent days appear to be tapering off.
|
|
Meanwhile, Mario Draghi said now was not the time to start tapering the European Central Bank's stimulus programme.
|
|
The discussion firmly shot down any talk of tapering its 1.7 trillion euro ($1.9 trillion) asset-buying program.
|
|
Now, almost four years after being in the hospital, my psychiatrist is talking about tapering down my medication.
|
|
The tapering of QE is a sign that the ECB sees inflation as being on a sustainable path.
|
|
GC: So that would suggest that it comes earlier, and you may actually begin to think about tapering.
|
|
At the same time the market expects that the (European Central Bank) will start tapering later this year.
|
|
"The effects of ECB tapering are not limited" to euro zone countries, Cornerstone analyst Roberto Perli wrote recently.
|
|
Despite a consensus over an announcement on tapering, analysts seem divided on the timing of the first hike.
|
|
This recent tapering off in price growth suggests that property market cooling measures have begun to take effect.
|
|
With producer price inflation reaching its perceived peak, profitability and new investment are seen tapering off this year.
|
|
East Asia was the first region to be hit by the virus but cases are now tapering off.
|
|
And tapering off of methadone or Suboxone can trigger the same symptoms of withdrawal as heroin or oxycodone.
|
|
He was successfully tapering his use of cigarettes and thought it might be helpful to switch to Juuls.
|
|
This is highly unlikely to result in a complete termination of the program, but rather a gradual tapering.
|
|
Swonk said Draghi is likely to talk about tapering back on bond purchases but not give a timeframe.
|
|
Your stomach will make a higher-than-normal amount of acid before eventually tapering off to regular levels.
|
|
"The concept of tapering would be removal of accommodation, so it wasn't exactly what the market was expecting - it was a dovish form of tapering, as there was both an extension and a reduction," said Bill Northey, chief investment officer at the private client group of U.S. Bank in Helena, Montana.
|
|
The snow was tapering off Wednesday and flights were getting back to normal, airport spokeswoman Alex Renteria told CNN.
|
|
Some analysts saw the move as laying the grounds for a future tapering of the BOJ's huge balance sheet.
|
|
In other words, slowly tapering your nicotine intake could be a good first step to easing off e-cigs.
|
|
Lobbyists and consultants abound, but their work can be highly cyclical, booming in election years and tapering in between.
|
|
When Bernanke began tapering the ECB and BOJ picked up the slack and kept global borrowing costs in check.
|
|
The process is similar to the tapering it did of the monthly bond-buying program known as quantitative easing.
|
|
The U.S. Federal Reserve began tapering its quantitative easing program in 2013 and officially ended it in late 2014.
|
|
Many first-time athletes are often caught off guard by the physiological and psychological aspects of tapering, Taylor says.
|
|
Government bond yields rose, reversing earlier declines, as the report led investors to reassess their expectations for ECB tapering.
|
|
Many apprehensive doctors who prescribe opioids have reduced their patients' dosages or cut them off entirely, sometimes without tapering.
|
|
Last week, a VA-funded study found that tapering down painkillers improves quality of life for chronic pain patients.
|
|
The agency also acknowledged the suicide risk associated with rapid tapering and other psychological and physical dangers for patients.
|
|
Tapering off the drug can lead to temporary symptoms that can be very uncomfortable, although they're not life-threatening.
|
|
While that tapering may limit the size of a building's interior, they add, the terraces themselves can be monetized.
|
|
"It's best that [the person] goes through a gradual tapering," says Eman El Gamal, a New York-based psychiatrist.
|
|
But after the sun sets, melatonin production ramps up, peaking at night, and tapering off again the next morning.
|
|
Investors are positioning for ECB tapering to relieve a scarcity of German debt that the bond-buying scheme created.
|
|
The true test of investor appetite for peripheral debt will come when the ECB lays out its tapering plans.
|
|
The white tapering form in "Aegis" (53–1979) can be translated as the shield carried by Athena and Zeus.
|
|
It comes as American drone strikes are on the rise again, after tapering off somewhat in places like Pakistan.
|
|
In short, establishing tapering protocols and cessation medications tailored to teenage vaping will require long-term studies, researchers say.
|
|
Wood cabinetry with diamond-patterned glass fronts and tapering wood pillars frame the entry to the formal dining room.
|
|
The paper is by far the strongest research-backed denunciation of standard tapering practice by members of the profession.
|
|
The Federal Reserve is expected to raise interest rates, and the European Central Bank will discuss tapering its stimulus.
|
|
That, Dr. Meghani said, has "led to wide scale inappropriate opioid tapering or simply dumping of complex pain patients."
|
|
Rieder expects the U.S. central bank to begin the "tapering" of its balance sheet as soon as next week.
|
|
Mr. Carpenter at UBS expects the Fed to continue buying $60 billion into March before tapering off those purchases.
|
|
All patients should be counseled as to the risk of discontinuation effects and monitored closely during the tapering process.
|
|
The Federal Reserve started to tighten in 2013, tapering its quantitative-easing programme and, from 2015, raising interest rates.
|
|
Global financial markets metaphorically bawled like a toddler on news that the Fed planned on "tapering" its stimulus program.
|
|
The ECB's current QE program is due to expire in December, with any tapering expected to begin in early 2018.
|
|
The ECB's biggest challenge could prove to be convincing markets that tapering, once started, may still be subject to change.
|
|
As befits a début, "Rhombus," with its tapering black forms bisected by a moveable red trapezoid, makes the greatest impact.
|
|
Furthermore, populism could also derail projections of a tapering in the European Central Bank's quantitative easing programme, Barstch told CNBC.
|
|
"It's a bit premature to talk about tapering," Vasileios Gkionakis, head of global FX strategy at Unicredit, told CNBC Wednesday.
|
|
It can be triggered by fatigue or emotional stress and is most frequent in our 30s, tapering off after that.
|
|
Strength in the single currency, which dampens inflation, has been seen as an obstacle in the path of ECB tapering.
|
|
Southern Europe led a fall in euro zone bond yields after Draghi suggested details on tapering would come in October.
|
|
But there exists a huge difference between the Fed's tapering of QE and potentially that of the ECB and BOJ.
|
|
"For the ECB all of this means that it can remain on track with its dovish tapering," ING's Brzeski said.
|
|
China has typically managed this slowdown in economic growth – both realised and anticipated – by tapering its monetary policy in accordance.
|
|
We did get more details than expected on reinvestment tapering but they were in line with what we were expecting.
|
|
And that is the conversation that seems to be going on within the hallowed portals of the ECB about tapering.
|
|
ECB minutes showed a strengthening euro and its impact on inflation mean Draghi is unlikely to move towards tapering soon.
|
|
India set the duty at 20 percent in the first year, tapering to 10 percent in the final six months.
|
|
The project, designed by SHoP Architects, will rise in a tapering, hexagonal shape clad in bronze and black metal fins.
|
|
Andrew Taylor, the general manager of the Tapering Vapor, an e-cigarette store, blowing a big cloud against a countertop.
|
|
But investors want more clarity from Draghi about recent speculation that the bank could start tapering down its bond purchases.
|
|
Officials said the frequency was tapering off but the risk of further strong aftershocks will remain for about a week.
|
|
The U.S. central bank has signaled its commitment to monetary tightening while the ECB began discussions on tapering last month.
|
|
A scarcity of eligible debt for quantitative easing is one reason why many economists anticipate ECB tapering early next year.
|
|
Before announcing for balance sheet tapering, some people worry that this will lead to panic and turbulence in the market.
|
|
Government bond yields rose, reversing earlier falls, as the report prompted bond investors to reassess their expectations for ECB tapering.
|
|
Utah-based Intermountain Healthcare has implemented forced tapering to achieve their goals of lowering prescriptions by 40 percent in 2018.
|
|
"Hurricanes Irma and Maria weighed heavily on the results, although growth already had been tapering," IATA said in a statement.
|
|
What do they think will happen when further tapering actually takes place which we still expect to happen in September?
|
|
Everything about her remains individual, from the tapering arch of her feet to the keenly pointed line of her nose.
|
|
Tomorrow (Saturday): We awake to a bit of mugginess, fog and rain — tapering quickly to showers and sprinkles through midday.
|
|
The Fed has also impacted the long end of the curve by tapering back on its purchases of Treasury securities.
|
|
"Negative effects from the tax hike are slowly tapering off," said Kenta Maruyama, economist at Mitsubishi UFJ Research and Consulting.
|
|
"There is no question about tapering," Mario Draghi, the president of the European Central Bank, said at a news conference.
|
|
The euro was little changed at $1.1200, as concern over the health of Deutsche Bank offset speculation about ECB tapering.
|
|
"Draghi was pretty emphatic about not talking about tapering," said Brian Daingerfield, macro strategist at RBS Securities in Stamford, Connecticut.
|
|
" Psychiatrist Blanche assessed Fano through the bars of his cell, concluding he "doubts serious mental illness, will begin tapering meds.
|
|
" Laura Delano, executive director of Inner Compass Initiative, a nonprofit organization that runs The Withdrawal Project and focuses on helping people learn about safer psychiatric drug tapering, said: "I didn't know about the benefits of slow tapering when I came off five meds in five months, and had a very difficult time in withdrawal.
|
|
"Mario Draghi and his colleagues may hint at the prospects of tapering QE early," said Fawad Razaqzada, technical analyst for Forex.
|
|
The central bank may not specify an end-date for tapering to allow some flexibility in case the economic outlook sours.
|
|
The hill spilled away beneath it, cloaked in dark elms, tapering off at the smoke-clad medina in the valley below.
|
|
She has created a website, The Withdrawal Project, that provides resources on psychiatric drug withdrawal, including a guide to tapering off.
|
|
An Old Hickory bat leans knob-up against the wall, its black barrel tapering up into a bare, pale, wooden grip.
|
|
A few hours later, the storm was tapering off over the mid-Atlantic and Northeast as it tracked out to sea.
|
|
The weather service reports: The snow will be heavy at times through late Saturday before tapering off by early Sunday morning.
|
|
Like every good continental, he knows that the tapering curved tips (called "fiddly" by a Tesco buyer) aren't decorative but functional.
|
|
A decline in customer deposits suggests that demand for Model S and Model X cars may be tapering off, analysts said.
|
|
Markets are highly sensitive to talk of tapering the programme because of the implication of less liquidity in the financial system.
|
|
The U.S. central bank is raising rates and policymakers at the European Central Bank are debating tapering their monthly asset purchases.
|
|
The touchingly youthful simplicity of her style is unchanged; the gorgeous arches of her tapering feet seem more remarkable than ever.
|
|
And while the number of hate crimes appears to be tapering off in 2017, we don't yet have all the data.
|
|
An international stakeholder community published a letter calling for federal action to protect patients from abrupt and forced opioid tapering harms.
|
|
There is one area in which experts hope the virus will still behave like influenza, however, by tapering off in spring.
|
|
Support for the Sweden Democrats has not grown since the end of 2015, just as the refugee crisis began tapering off.
|
|
From there, the virus began to spread, though Chinese officials maintained throughout the following month that the outbreak was tapering off.
|
|
That tapering off may mark the end of a surge in reported rapes after the #MeToo movement gained momentum in 2018.
|
|
After a handshake that Mr. Dudman found unnerving — Pol Pot had delicate, tapering fingers and soft skin — the dictator held court.
|
|
"By tapering, albeit conditionally, it has made a sop to its critics who think policy is already too loose," Wells said.
|
|
Boone highlighted rising protectionism, emerging market vulnerability, politics, and finance as four main risks behind the tapering off in growth rates.
|
|
But the growth picture is enough to have the ECB at least thinking about tapering its quantitative easing bond-buying programme.
|
|
I would also like to look at Western Australia and the tapering off of the mineral industry, combined with water scarcity.
|
|
He says its not tapering because they are not reducing it down to zero, but surely its the first step towards that.
|
|
Many ECB-watchers (and maybe some of its governing council) reckoned it might signal the "tapering" of QE. That now looks unlikely.
|
|
It also gave no indications of plans to start tapering its asset purchase program, due to expire in March of next year.
|
|
But the real complications came with a change to the rules in 2016-17, which introduced a "tapering" of the annual allowance.
|
|
There had been speculation in recent weeks that the ECB could be heading towards winding back the bond purchases - so-called "tapering".
|
|
On Tuesday, Bloomberg reported that the European Central Bank could start tapering bond purchases before its quantitative easing program ended next March.
|
|
BAML's analysts said the three-week "mini taper tantrum" had been kickstarted by the European Central Bank's (ECB) tapering announcement on Oct.
|
|
As ECB tapering moved back in focus, peripheral bonds that have benefited the most from the scheme were in the firing line.
|
|
Khalifa's brief shooting career lasted three months in late 27, with her movies rolling out throughout early 7, but quickly tapering off.
|
|
Some of the clientele at the Tapering Vapor have made their own luck, working hard and earning a measure of economic security.
|
|
"It's not only for Japan, but for the ECB and U.S., that markets are sensitive about anything that suggests tapering," she said.
|
|
This week's Draghi comments only highlight that the tapering discussion at the ECB will become more pertinent in coming months, analysts said.
|
|
The BOJ has reduced the amount of government bonds it buys under its super-easy policy, in what traders call 'stealth tapering'.
|
|
Investors are sensitive to any subtle sign the Bank of Japan will follow the U.S. Federal Reserve and ECB and start tapering.
|
|
He championed the concept — new then but standard now — of tapering training in the two or three weeks before a major competition.
|
|
Some investors expect an extension with a one-off reduction while others see a gradual but steady wind-down, known as tapering.
|
|
They had developed painstaking methods for tapering their medications, like using grass-seed counters to dole out the beads in the capsules.
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And, many older long-term benzodiazepine users and their physicians perceive tapering of use as an arduous, low priority, time-intensive task.
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Therefore, it is difficult to predict which would have a greater impact on the market liquidity; the rate hike or the tapering.
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In terms of a mid to long term period, the tapering will directly affect the supply and demand of U.S. treasury bond.
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He expects Draghi to reiterate his commitment to looser monetary policy and quash talk of any tapering of the asset purchase programme.
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There were whole websites devoted to supporting people who were tapering themselves off the drug because no doctor could or would help.
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But the numbers released on Monday did not provide any ammunition for those who think that "tapering" could begin sooner than expected.
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"After Lautenschlaeger's comments, there has definitely been some talk in the market over tapering and interest rates," said KBC strategist Piet Lammens.
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After the French elections, the ECB could give its first hints at a 2018 tapering of the bond-buying program, Brzeski said.
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The federal government picked up the entire cost of the Medicaid expansion at first, with that share ultimately tapering to 90 percent.
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Jagasia arranged for the patient to start getting intravenous nutrition and began tapering one immune-suppressing medication in order to start another.
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Cramer said the pullback may have already started given the negative action in Nvidia, which means its rally could be tapering out.
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Solar power will continue to grow as its costs decline, but with growth rates slowed by the tapering of its tax credit.
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Markets widely expect the ECB, at most, to suggest it could announce more details on tapering back its asset purchases by September.
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It is not about tapering, it is about making sure that the financial environment in Europe remains supportive of our growth projection.
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"This is not tapering, it's just a down-size," Draghi said, using the market term for beginning to exit a stimulus program.
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But the market took that in its stride as the stance was in line with the BOJ's gradual and stealth tapering since 2017.
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"The market is looking for any read on the timing of tapering and maybe overinterpreted Draghi's speech," said Rabobank strategist Lyn Graham-Taylor.
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The team recruited more than 250 people in three cities who had been taking Prozac long-term and were interested in tapering off.
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Italy is one of the biggest beneficiaries of QE and tapering couldn't come at a worse time for a beaten-down bond market.
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Fortunately, the Department of Health and Human Services has now officially agreed, issuing a Guide for Clinicians on the topic of opioid tapering.
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"The Fed's tapering is conducted intentionally and in several stages, as part of a normalization of monetary policy," Kuroda told parliament on Thursday.
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Incredibly, those numbers will represent a decline: India would have peaked with a population of 1.65 billion in the 2050s before tapering off.
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His first hint in June that tapering might be coming pushed the MSCI's emerging equity index down 2 percent over the following week.
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Hence, the tapering of asset purchases did not cause yields to spike; and that quiescence of borrowing costs kept the stock bubble expanding.
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However, analysts are less optimistic about sales for the remainder of the year, pointing to tapering gains from the Trump administration's tax cuts.
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Indeed, ECB rate setter Ewald Nowotny pretty much shut down any move soon, particularly about tapering, or easing off its asset-buying program.
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When a muskrat climbs out of the water to reveal its tapering, almost hairless tail, the confusion devolves into yet another mistaken identity.
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"If (Draghi) gives any signal in support of tapering at some point, that would be very toxic for fixed income globally," Franulovich added.
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He added that tapering is likely to start in January of next year and it will probably last a year, until December 2018.
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"I think the expectations are for the Fed to confirm their tapering intentions," said Ian Lyngen, head of U.S. rates strategy at BMO.
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"It's reasonable for the asset purchase program to come to an end after September, with a short tapering period if needed," Knot said.
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"If (Draghi) gives any signal in support of tapering at some point, that would be very toxic for fixed income globally," Franulovich said.
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Stealy at JPMorgan Asset Management said concerns about tapering and looming Italian elections are reasons he has a neutral position on peripheral bonds.
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The possibility of tapering global growth, led by China's slowdown, spurred a retreat from the high-flying tech sector, which declined 1383 percent.
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He stopped taking heroin sometime in the 1990s by using methadone and buprenorphine acquired from a friend, and slowly tapering on his own.
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His remarks come as Abenomics reaches a turning point, with the boost to growth from the monetary and fiscal policy components tapering off.
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About two hours later, the firefight tapering off, French helicopters from nearby Mali swooped in to the rescue on the rolling wooded terrain.
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Shirai also expected the BOJ would begin tapering its asset purchases under its quantitative easing program, which would also likely push up JGB yields.
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But some traders expect ECB chief Mario Draghi to clarify his stance on recent talk that the ECB is considering tapering its asset purchases.
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Still, economists at Goldman Sachs said in a recent note they expect the Fed to publish in December a plan for tapering the portfolio.
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At the end of his two-year tapering from opioids, Paul says his pain is the same as when he started seven years ago.
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Still, the ECB's news conference with President Mario Draghi will be scrutinized as investors assess both the scope for further easing and eventual tapering.
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That could have implications for ECB tapering, potentially, and a back up in the euro interest rate curve, which would potentially trigger (euro) appreciation.
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The euro was little changed at $1.1200, with pressure from concerns about the health of Deutsche Bank offset by speculation about the ECB's tapering.
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The government will soon unveil new rules for unemployment insurance which will, among other things, involve tapering payments and lowering payouts for higher earners.
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Cloud has been a major growth vertical for Alibaba, and once again that proved true, although growth is tapering as the business grows larger.
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Demand in China is also tapering off with LNG imports falling 1 percent in 2015--the first time on record--as the economy slows.
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While the ECB will doubtless proceed cautiously with its own tapering process, the risk is that it could derail an emerging market (EM) rally.
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On May 16, after an independent review found little evidence to support the alternative treatments or the tapering, HERC backed off of the proposal.
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Meanwhile, a speech by European Central Bank chief Mario Draghi gave little guidance on tapering the bank's bond holdings and heralded globalization over protectionism.
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But some geologists now favor a milder version of the Hadean, with the rain of asteroids quickly tapering off after the moon was formed.
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Her physician has been tapering the dose for months, so in addition to her pain she suffers withdrawal symptoms: the chills and crawling dread.
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That prompted the dispatch of Niger ground forces and French Mirage jets, which arrived about two hours later, as the fighting was tapering off.
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While we don't know how widespread the outbreak will become, cases of the virus have started tapering off in China, where the strain originated.
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The rain is expected to change over to snow in the wee hours before tapering off early Friday morning, but little accumulation is expected.
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Its policymakers keenly avoided the discussion of an end-date throughout the tapering process, even if markets inferred it and were eventually proven right.
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Finally, on his way out the door, Bernanke initiated the first step in the tapering of the pace of QE purchases in December 28503.
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By the time she assumed the chairmanship, the medicine had been deemed effective, and the Fed had announced the tapering down of the program.
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Travess Smalley starts by drawing loosely arboreal forms on paper, simple networks of tapering strokes that curl out from one or two central nodes.
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"You can say that the bank is tapering in a more dovish way," Naeem Aslam, chief market analyst at Think Markets, said in a note.
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Meanwhile, a member of the European Central Bank, Sabine Lautenschlaeger, said Tuesday that the bank could "soon" start planning tapering its monetary stimulus, Reuters reported.
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Specialists in this camp argue that, although high-dose painkillers are linked to overdoses, no studies have yet shown that tapering medications reduces that risk.
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"With an important decision about tapering ahead in October, this will be a welcome sign that pipeline inflation pressures are at least improving," Colijn said.
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International markets have been on edge following hawkish remarks from Fed officials and a report that policymakers in Europe were looking at tapering asset purchases.
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That helps explain why Italian bonds, in particular, have benefited from recent talk that ECB tapering is likely to be a drawn-out process. 5.
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"The surprise for markets next year could be that the ECB is not tapering," Schuh told the summit held at the Reuters office in London.
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Nordheim and his team discovered that the radiation on the surface was at its most intense around the moon's equator, tapering out towards the poles.
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LaVorgna said he expects the Fed to hike both in June and September, and then announce a "tapering" of its balance sheet, starting next January.
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Unlike MAT, medically supervised withdrawal is the tapering off an opioid without the aid of a medication, but still coupled with the other support services.
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There has been speculation that Draghi could talk about further tapering of the ECB's 65 billion-euros-a-month asset purchase program, or quantitative easing.
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Petite, with a delicately tapering face, she can play the ingénue, the diva, or the girl next door, and costume changes come at dizzying speed.
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This would constitute a tapering of some sorts though the ECB will argue that it is a re-calibration rather than a path towards zero.
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Still, the ECB's news conference with President Mario Draghi will be scrutinized closely as investors assess both the scope for further easing and eventual tapering.
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Yes, babies can be born with physical dependence to opioids, which means that without being given tapering doses of the drugs, they will suffer withdrawal.
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"Lower share prices and wider yield differentials would result in a weaker dollar, just like in May 2013 when Fed's Bernanke signalled tapering," said Uchida.
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Most analysts now expect the ECB to announce tapering of its 2 trillion euro bond-buying scheme this autumn, and begin the process in 2018.
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In a hopeful note, Mr. Cuomo said that while the number of hospitalizations continues to grow, the rate which it is growing was tapering off.
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"It is the opening for the E.C.B. to move toward tapering," said Carsten Brzeski, chief economist for Germany and Austria at ING Bank in Frankfurt.
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One effect, produced by the curved, tapering bands of paper in "Stream" (2019), suggests a rounded surface, with light striking the centerline of each band.
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European Central Bank head Mario Draghi is scheduled to speak in the afternoon and investors will look for any comments on the bank's tapering plans.
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Minutes of the ECB's June meeting are due on Thursday, which should provide further clues on how far the tapering debate has gone in Europe.
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It looks like what's driving the growth is fairly resilient, and they're funding at a lower rate despite the fact that [the ECB] is tapering.
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The timing of the upgrade could not be better, given that the European Central Bank is expected to start tapering its QE programme in 2018.
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The surge in supply coincides with tapering demand in China, whose petrochemical plants have driven much of the demand growth for LPG in the region.
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"Christian movies" had their most recent heyday in 563 and 2015 and seem to be tapering off, at least in terms of box office returns.
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"Either way, the big question for this week's meeting is whether Draghi will shed some light on the ECB's game plan for tapering," he added.
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The U.S. currency received a boost last week as the euro slid after the European Central Bank doused talk it was contemplating tapering its monetary easing.
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But with medication, nicotine replacement therapy like gum, tapering down smoking before stopping, and counseling, the quit rate drastically improves to 33 percent after six months.
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The researchers found that most patients started tapering their opioid doses on their own, and stopped after about four days — before the full week was up.
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"The Fed is hiking rates, the ECB might extend the duration of its programme... but the next big thing is going to be tapering," said Marten.
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"That is completely different from the U.S. Federal Reserve's tapering, which is an intentional, steady slowdown (of asset purchases) aimed at normalising monetary policy," he said.
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On May 22, 2013, the Federal Reserve's policy minutes sparked fears the central bank could start tapering off its $85 billion-a-month bond purchasing program.
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In May 2013, policy minutes from the Federal Reserve sparked fears the central bank could start tapering off its $85 billion-a-month bond purchasing program.
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"Its beak was very finch-like, extremely similar to species like the American goldfinch for example—short, conical, and tapering to a sharp point," said Ksepka.
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The fourth-quarter earnings season is slowly tapering off, and about 71 percent of the S&P 500 companies that have reported earnings have topped expectations.
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Yet, despite this half-hearted and minuscule step towards tapering, the ECB still caused a doubling of German 10-year bund yields in the past month.
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Global bond markets have seen the biggest loss of value this week since June 2219.40 when the Federal Reserve first discussed "tapering" its bond buying program.
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For Michael Kors, which topped Wall Street's expectations during the quarter, a reversal of its tapering same-store sales trends marked an inflection point for investors.
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"The euro has been supported mainly due to the tapering decision coming up for the ECB and general uncertainty around the U.S. tax plans," she said.
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"It's interesting how things look different in the light of a new day," Anchorage Municipal Manager Bill Falsey said, adding that aftershocks have been tapering off.
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I took them for several weeks postoperatively, in tapering doses, and then stopped "cold turkey," in order to return to my operating and on-call duties.
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European Central Bank head Mario Draghi is scheduled to speak in the afternoon and investors will look for any comments on the central bank's tapering plans.
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"The euro is still licking its wounds after yesterday's ECB announcement where Draghi made a forceful statement against any tapering," said analysts at RBC Capital Markets.
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It's still Apple's thinnest and lightest laptop, measuring 21 inches at its thickest point and tapering down to 2299 inches, and it only weighs two pounds.
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According to their report, world price to earnings is 26 percent more expensive than it was ahead of the Fed's tapering of quantitative easing in 2013.
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Saudi Arabia said on Sunday that it would unilaterally begin "tapering off" production by as much as half a million barrels a day starting next month.
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A new analysis by the Washington Post finds that online search interest in mass shootings typically lasts for 53 weeks after the event before tapering out.
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Broad dollar weakness helped emerging assets after European Central Bank President Mario Draghi suggested the central bank may begin tapering its massive stimulus programme this autumn.
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If the central bank were to hint at concern about accelerating inflation, it would be another reason to expect tapering to begin sooner rather than later.
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The Ugandan shilling is seen trading in a stable range in coming days on the back of a tapering of hard currency demand by merchandise importers.
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"The Fed is hiking rates, the ECB might extend the duration of its programme..., but the next big thing is going to be tapering," said Marten.
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The forced tapering or outright abandonment of any kind of patient to the tender mercies of the illegal market is associated with more deaths, not fewer.
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Some producers choose to use a little sulfur dioxide before bottling to avoid risks, accepting the tapering, narrowing effect on aromas and flavors it might have.
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If we start with the design, the BeoSound 2 is a tapering cylinder that measures 43cm (nearly 17 inches) in height and 4.1kg (nine pounds) in weight.
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She has long, tapering limbs, remarkably arched feet, effortlessly high leg extensions, technical efficiency — but she's already become glacially posey, as if always dancing for the mirror.
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Tapering or a shift away from the ultra-loose monetary policy will most likely not be on the agenda until later this year -- or even early next.
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The data came after the central bank last Friday cut its inflation assessment, meaning the BOJ will be in no hurry to begin tapering its massive stimulus.
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"With the economy maintaining a healthy pace of growth, the ECB should feel fairly confident about tapering its asset purchases next year," economists at Capital Economics said.
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"The tapering rates given by doctors are often way, way too fast," said Laura Delano, who had severe symptoms while trying to get off several psychiatric drugs.
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The forecast for all four of the tournament's rounds is fine and mild, with a moderate breeze on Thursday tapering off to a light zephyr on Sunday.
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"With tapering likely to start next year, you will continue to see bond-buying throughout 2017," said Mark Dowding, co-head of investment grade, BlueBay Asset Management.
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However, Fitch estimates the current account deficit declined to 6.6% of GDP in 2016, from 9.8% in 2014, thanks to tapering capital imports and lower oil prices.
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But some traders are nervous ECB chief Mario Draghi could take a dovish stance to counter recent talk that the ECB is considering tapering its asset purchases.
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She drew the cloth together over the button and wound a thread tightly around it and twisted the corners of calico straight upward in a tapering bunch.
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Current expectations are for the ECB to announce the tapering of its 2 trillion euro bond-buying scheme in the autumn, and then implement it in 2018.
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Utilities using coal to generate electricity are already preparing accordingly: a source at a South Korean utility said prices could rise further before tapering off into 2017.
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U.S. markets, in particular, have been on a tear despite jitters over the Fed's tapering of its QE program and its first interest rate rise, last December.
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But with iPhone sales tapering off, the company aims to make more money from software services, which include news and entertainment as well as storage and payments.
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ECB President Mario Draghi looked to play down concerns about tapering this week, saying the euro zone's economic recovery is picking up strength but still requires stimulus.
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"The headlines that the ECB is considering tapering has led to some buying in the euro, especially against the yen," said Yujiro Goto, currency strategist at Nomura.
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International markets have been on edge on Wednesday, following hawkish remarks from Fed officials and a report that policymakers in Europe were looking at tapering asset purchases.
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The minutes undermined speculation the ECB would consider tapering its monthly bond purchases as it may conclude its quantitative easing program, perhaps as early as March 2017.
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The first 49 meters, which have largely kept their smooth limestone casing, are built at a steep 54 degree angle, before tapering off in the top section.
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"This is another story that suggests the ECB is going to prepare markets in the autumn for a tapering," said Rabobank fixed income strategist Lyn Graham-Taylor.
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On Friday, New York Fed President William Dudley said the Fed could consider tapering back the purchases it makes, as the securities in its portfolio roll down.
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Economists expect Japan's exports to continue to expand at a slower pace than last year due to a tapering off in demand for semiconductors and electronic parts.
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"It was the first indication that ... we're going to get some form of tapering timetable announced later this year - some kind of further easing measures," he added.
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Having already gobbled up 40 percent of the entire bond market, the BOJ has been quietly slowing its purchases in what some analysts described as "stealth" tapering.
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"With tapering likely to start next year, you will continue to see bond buying throughout 2017," said Mark Dowding, co-head of investment grade, BlueBay Asset Management.
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They expect the central bank to extend the current programme - set to end in March 2017 - by six months, but expect tapering to begin in September 2017.
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Many analysts also expect that later this year the European Central Bank will begin tapering, or reducing its stimulative quantitative easing program, due to the improving economy.
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"I think the safe-haven appeal of gold is tapering off a bit and investors are looking at other havens such as the Japanese yen," Ang added.
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A dip in drilling activity for new production could imply that the relentless rise in U.S. production could be tapering off toward the middle of the year.
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The yield gap between Italian bonds - viewed as particularly vulnerable to an unwinding, or "tapering", of monetary stimulus - and German is its narrowest since December IT10YT=TWEB.
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Energy stocks fell 2.1 percent, the largest percentage drop among S&P 500 sectors, as crude prices sank on worries of tapering demand because of trade tensions.
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But the guide also lays out reasons to consider tapering patients off opioids, stressing that the benefits of staying on the drugs need to outweigh the risks.
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Her office educates doctors about tapering pain patients off opioids, and she gives patients who leave with an opioid prescription a treated bag that dissolves leftover pills.
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"We think that (...) the ECB is now focused on carefully preparing the markets for a tapering decision on 7 September," UBS analysts said in a research note.
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Mario Draghi, the central bank president, will hold a news conference after the meeting and is likely to try to quash expectations that any tapering is imminent.
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"At first glance, today's decisions looked, walked and quacked like tapering," Carsten Brzeski, chief German economist at ING-DiBa in Frankfurt, said in a note to clients.
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The euro was near a two-year high after the president of the European Central Bank, Mario Draghi said that tapering will be discussed in the autumn.
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Despite that, the euro climbed more than 0.4 percent in the overnight session, likely on anticipation about a potential mention of ECB tapering in Draghi's upcoming speech.
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They expect the central bank to extend the current programme — set to end in March 2017 — by six months, but expect tapering to begin in September 2017.
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The ECB "left the mystery out there" with regard to tapering, said Greg Anderson, global head of foreign exchange strategy at BMO Capital Markets in New York.
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Comments he made three weeks ago in Sintra, Portugal, were seen opening the door to a tapering of asset purchases and sparked a sharp sell-off in bonds.
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But the real game-changer has been the rest of Trump's actions -- specifically, his multi-front trade wars, which come just as growth was is tapering off globally.
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Reis said it expects vacancies to rise in 2018 before tapering off in 3.93 as projects slated for completion will continue at least over the next 12 months.
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The primary concern is that G3753 curves steepening can lead to a "tapering" effect in emerging markets, "similar to what we saw in 3743", BNP Paribas told clients.
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Unlike its main competitor, the onerously strong VUSE cig-a-like, the PLUS+ is a viable option for tapering off nicotine and eventually quitting, but not much else.
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There's speculation the ECB may widen the type of bonds it buys, while analysts also suspect it may start preparing investors for an eventual tapering of its stimulus.
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While talk this month of a potential "tapering" of the programme has unnerved the market, many analysts expect the scheme to run beyond its March 2017 end date.
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A tapering of the ECB's bond buying stimulus is seen as a key risk for government bond markets, although analysts say talk of policy loosening is still premature.
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LONDON, Dec 8 (Reuters) - The European Central Bank says it is not tapering its bond-buying programme, but a lot of people in financial markets reckon it is.
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With the market likely to see tapering growth — UBS's Lam forecasts Chinese developers' earnings will rise 25% this year and 20% on average in the next three years.
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The Fed said it would cap its tapering back of purchases of Treasurys and mortgages at $10 billion a month, before increasing the cap at three-month intervals.
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The gains came even as the Bank of Japan appeared to be on course to further trim bond buying this month, continuing with its gradual tapering since 2016.
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They said that ECB tapering had been well anticipated by markets and that reinvestments from maturing bonds would continue to support bonds well after monthly asset purchases end.
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Tens of thousands of wannabe-badasses followed suit, either stretching their ears themselves with tapering jewelry, like Sheffroth, or getting instant gratification with a large gauge dermal punch.
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The focus will be on the language used by the bank's president, Mario Draghi, and whether he will announce a tapering of the central bank's monetary stimulus program.
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The Fed announced a process of winding it down by tapering the amount of purchases it makes on a monthly basis to cover maturing Treasury and mortgage securities.
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Foreign buying appears to be tapering off as yields have come down, said Noaman Khalid, an economist with CI Capital Asset Management, one of Egypt's largest asset managers.
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Equities in Asia closed mostly lower on Friday as the dollar posted broad losses a day after the European Central Bank putting tapering on the table on Thursday.
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The distribution curve they found peaked around medium-sized shells, then dropped as the shells got larger, before tapering off very gradually through the largest shells of all.
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The Met's Chinese collection has several examples, including, in Galley 270, a marvelous wood-carved one notable for its voluptuous torso, tapering fingers and calm-beyond-calm hauteur.
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The BOJ is widely expected to maintain its ultra-easy monetary policy and reassure markets that it has no plans to hasten to follow the Fed's tapering example.
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The Fed has detailed how it will begin with a total $10 billion a month and raise it after three months, gradually increasing the tapering back of purchases.
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In turn, this can hurt euro zone exports, effectively redistributing inflation back to the U.S. and other countries, and forcing the ECB to step back on tapering too.
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Swonk said the Fed could slow its tapering or even start buying debt again if it were to face a new crisis, but the effect may be minimal.
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The Fed late last year began the process of unwinding its more than $4 trillion balance sheet by tapering back on purchases it makes to replace maturing securities.
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Some sort of extension of the asset buys in necessary as they are set to end abruptly in March, so even tapering would extend it, adding some stimulus.
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The climax is a sustained duet for Mr. Sciscione and Joshua Tuason, whose legs have the exceptional length and tapering shape that would be remarkable on a ballerina.
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"While we see market higher by year-end, the Fed and ECB's inclination to start tapering is a source of downside risk in our view, " Lakos-Bujas said.
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By rolling out enhanced, results-driven ad products, Yelp could incentivize greater brand investment in the coming years and keep its ad revenue growth from tapering off any further.
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Asked what would happen after that, 11 of the 17 traders who took part in the survey picked a tapering of QE as the most likely next policy step.
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The bullish case for tin is largely built on the tapering of supply from Myanmar, the slow ramp up of mines elsewhere and no new surprise sources of ore.
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Nicotine replacement therapy is a proven tool to help smokers quit—but only if they're careful about tapering it off, and get regular counseling to keep them on track.
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The ECB's apparent lack of concern about a strengthening euro convinced markets the central bank remained on track potentially to begin tapering its bond-buying stimulus later this year.
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The euro will also draw support from the ECB tapering its QE, while undervalued sterling will pick itself up from its Brexit mauling to rally against the greenback. 5.
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The dollar was boosted by a fall in the euro after the European Central Bank shot down talk it was contemplating tapering its monetary easing - sending the euro lower.
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Updates are on the way - generally speaking; it still looks like a solid 6-12" for eastern New England, tapering quickly to 1-3" just west of #NYC. pic.twitter.
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"We have the potential twin evils of Italy going to the polls early next year and tapering to think about at the same time," said Rabobank strategist Richard McGuire.
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In fact, abrupt tapering of benzodiazepines can actually be fatal, an outcome that is not generally seen with opioids unless people are incarcerated and unable to get adequate fluids.
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Its stock has fared very poorly since he took over a year ago, user growth has slowed to an absolute crawl, and revenue growth appears to be tapering off.
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"If you step back, the big picture still remains - that of political concerns in Europe concomitant with speculation over ECB tapering," said Rabobank's head of rates strategy Richard McGuire.
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The U.S. Federal Reserve wound down its QE program by tapering the purchases the bank made and introduced its first interest rate hike in almost a decade in December.
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"The BOJ does not give out any signs on the outlook for monetary policy through its daily market operations," Kuroda said, seeking to allay fears of an early tapering.
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"The headlines that the ECB is considering tapering has led to some buying in the euro, especially against the yen," said Yujiro Goto, currency strategist at Nomura in London.
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"I think everyone expects the ECB is going to announce tapering in October so they are trying to get their deals done now," said ING strategist Martin van Vliet.
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"The market is already cautious against the fact that the BOJ lags behind other central banks in tapering stimulus," said Yoshinori Shigemi, global market strategist at JPMorgan Asset Management.
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Draghi's apparent lack of concern about the strengthening euro convinced traders that the central bank remained on track to potentially begin tapering its bond-buying stimulus later this year.
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The second and third-generation iPod Touch models offered a new tapering design and speaker, with increasingly more powerful hardware that would trickle down from improvements to the iPhone.
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The two SUVs have a similar shape, with the roof and windows tapering from front to back, and near identical tail lights and character lines on the side paneling.
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On a Wednesday in March, Brona Wood, 58, a maintenance worker at the county courthouse, came in to the Tapering Vapor for a bottle of liquid called Fruity Juice.
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Anecdotally, industry excitement around these devices has been tapering for a while now, and the device's launch in the midst of the doldrums of August likely didn't help much.
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It is therefore confusing to us how the author can conclude that the Bree Collaborative has encouraged, or plans to encourage, forced tapering for all patients on chronic opioids.
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Bond market pros are also looking to see if the Fed will reveal any clues about when it will start tapering back its purchases of Treasury and mortgage securities.
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TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank's new policy framework would not result in a tapering of its massive asset-buying program.
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"There are people who do well with tapering [opioids]," Stefan Kertesz, an addiction researcher at the University of Alabama Birmingham who was not involved in the study, told me.
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He said there had been no discussion on Thursday about so-called tapering, or winding down the central bank's purchases of government bonds and other assets using new money.
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It's a scenario that should cheer bond investors — they've already pushed euro zone bond yields to 5-week lows in anticipation of what would effectively be a prolonged tapering.
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That could be a sign that the outbreak is already tapering off, but the researchers also warned that it could rebound once Chinese residents return to school and work.
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The latter said in a research note that "prudent risk management" would prevent the ECB from announcing a full tapering to zero because this could cause another euro rally.
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The storm was slowly tapering off overnight into Wednesday, but it left about 218,000 power outages in Massachusetts as of Tuesday evening, according to the state's Emergency Management Agency.
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Synchronized tapering of global central bank stimulus programs could prompt more volatility in equity and corporate and sovereign bonds, Citi global macro strategists said in a research note Monday.
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Christopher Pissarides, Nobel Laureate and professor of economics at the London School of Economics, told CNBC Wednesday that he expects a gradual tapering to be announced later this year.
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In further good news for shareholders, Samsung eased concerns that the huge expansion in the global semiconductor business may be tapering off, saying the outlook for 2018 remained strong.
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"On the issue of tapering, which has been obsessing the market, we're unlikely to get anything tomorrow, and that is reassuring the market," said Antoine Bouvet, rates strategist at Mizuho.
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The ECB is likely to wait until September to announce a tapering of its 60 billion euros of monthly asset purchases, probably starting in early 2018, according to Reuters poll.
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While U.S. rivals benefit from better pricing thanks to the Federal Reserve's tapering policy, the European Central Bank won't stop expanding its balance sheet until the end of this year.
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Still, the fall in the common currency was limited as investors expect the European Central Bank to unveil a plan later this month to start tapering its bond buying scheme.
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"There's a whole community of substance use professionals who routinely provide care for people who've become addicted to benzodiazepines and that would involve a tapering of the medication," he said.
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In some situations a tapering off of feeding may be recommended in order to prevent aggression from animals accustomed to hand-feeding, but in general most animals move on quickly.
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" Conversely, under a "late start, active sales" scenario, Goldman said the Fed could cease reinvesting in bonds in July 2018 "without tapering and actively sells $40bn of assets per month.
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The broader Topix climbed to an 11-1/2 week high of 1,407.99 during mid-afternoon trading before tapering to sit 0.8 percent higher at 1,404.46 in late afternoon trading.
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The balancing act facing the ECB has become a focal point for markets trying to assess just what shape a scaling-back or "tapering" of stimulus is likely to take.
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A very good candidate for this is the eventual tapering of the quantitative easing (QE) programs currently underway courtesy of the European Central Bank (ECB) and Bank of Japan (BOJ).
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Below, you'll find everything we know about the OnePlus 7 Pro and the regular OnePlus 7, starting off with things we know and tapering off into good old-fashioned rumors.
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They noted back in 2014, junk bonds' risk premiums or yield spreads versus Treasuries contracted as the Federal Reserve began its tapering of bond purchases under its quantitative easing program.
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This tapering off in price increases came after a series of government measures in the last year to cool the red-hot property market amid fears of an asset bubble.
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Thursday may have been an uncomfortable time for the ECB to say it was tapering, but it was as good a chance as it may get to do it anyway.
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"The primary story is they put in place to start tapering the balance sheet, without putting any target date around it," said JJ Kinahan, chief market strategist at TD Ameritrade.
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Analysts told us that the rate hike and balance sheet tapering are all expected so it might not be the factor that led to the big correction of US stocks.
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Mourning doves superficially resemble their relatives the rock pigeons, but they are more streamlined, with a smaller head and a longer, tapering tail, sharply bordered by black and white markings.
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Some analysts said the pick-up in inflation could fuel talk of a scaling back, or tapering, of the ECB's stimulus programme, which has driven euro zone bond yields lower.
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We can treat people with problematic dependence with greater respect, recognizing that relieving suffering by tapering slowly, voluntarily and gently is important no matter what medical condition someone might have.
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For them, he said, tapering opioids does not equate with health improvement; on the contrary, he said, some patients contemplate suicide at the prospect of suddenly being plunged into withdrawal.
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In this dramatic union of forms, a single corner of an otherwise squat, rectilinear volume is extruded upward, tapering to a point that surpasses the tops of neighboring high-rises.
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European refinery turnarounds are set to peak at around 1.1 million barrels per day (bpd) in mid-September before gradually tapering off throughout October, according to Reuters data and traders.
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But markets are acutely sensitive to any sign that the central bank will begin reducing the size of its purchases of government and corporate bonds, a process known as tapering.
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If the strengthening currency "had some impact on their tapering plan, that would have been different, but clearly at the moment, it looks like that's not the case," Kotecha said.
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Running at 30 billion euros per month at least until the end of September, the bond buys are expected by investors to end this autumn after a brief tapering period.
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But those moves were quickly reversed when Draghi said that the governing council had not discussed "tapering", and committed to pursuing substantial asset purchases aimed at spurring growth and inflation.
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Its organic silhouette (it's nicknamed the Hong Kong Finger) is formed from linear white mullions, or window uprights, that draw distinct lines as the tower rises, tapering and then curving.
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The Bank of Japan is expected to announce a steady monetary policy after its two-day meeting Tuesday and seek to allay speculation of an early tapering of its massive stimulus.
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ECB chief Mario Draghi added that "substantial" amounts of stimulus through its unprecedented asset purchase scheme were still needed and that there was no discussion of future tapering at the meeting.
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BNP Paribas's Global Head of FX Strategy Michael Sneyd said the announcement amounted to a "very gradual form of tapering" and a slightly more dovish tone than the market had expected.
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"The ECB may need to start discussing tapering later this year, if only to put a little market pressure on governments that have been dragging their heels on reform," HSBC said.
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Spending on the construction of new homes and other residential investments fell 3.3% in the first quarter compared with 2018 and residential investment and has been tapering steadily for three years.
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The White House's plan also anticipates that the strong growth will go on for years, the official said, with 7003 percent growth in 2700, only tapering to 2000 percent in 25.
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Some analysts describe the slowdown as the BOJ's "stealth tapering," or an intentional attempt by the central bank to whittle down a huge bond buying program that critics see as unsustainable.
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TOKYO (Reuters) - Bank of Japan Deputy Governor Masayoshi Amamiya on Friday rejected market views that the central bank was tapering its bond purchases and seeking to exit its ultra-easy policy.
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"If we have more comments from ECB officials clearly implying tapering of its stimulus, we could see further upside in the euro," said Bart Wakabayashi, Tokyo Branch Manager of State Street.
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Initially released in 2016, the Beosound 1 and 2 have a distinct tapering, cylindrical design and already support a number of wireless streaming options including Chromecast, AirPlay 2, and Spotify Connect.
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One of Draghi's rate-setting colleagues, Ewald Nowotny, has also pretty much shut down any move soon, particularly on tapering, or easing off its asset-buying program - something economists have noted.
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"I think at some point the BOJ can start to think about tapering," Sayuri Shirai, a recently retired BOJ board member who voted against adopting negative rates, said on June 1.
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Investors are also watching out for comments from European Central Bank officials after a Reuters report earlier this week indicated that the central bank will kick off tapering discussions next week.
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Croquembouche, a traditional French wedding "cake," is an impressive assemblage of small cream-filled pastry balls that form a tiered, tapering tower which is then adorned with spun sugar and caramel.
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Euro zone government bond yields have been rising all week on expectations the European Central Bank will announce a start to tapering of its asset purchases when it meets next month.
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He added that tapering is "unavoidable" from a technical point of view, but also economically speaking it does not make sense to extend the current quantitative easing program into next year.
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"We expect that the ECB Council will announce a tapering decision at its September meeting, or in October at the latest," Michael Schubert, senior economist at Commerzbank, told CNBC via email.
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The two sports utility vehicles have a similar shape, with the roof and windows tapering from front to back, and near-identical tail lights and character lines on the side panelling.
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So we are seeing a tapering off part of it is year end, part of it is maintenance.... so we will be shipping less in December than we are in November.
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This implies that capital expenditure, which has already fallen to 6.6% of GDP in 2015 from 10.3% in 20153, will decline further in line with tapering assistance from international official creditors.
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"We think a 'flexible tapering' announcement is more likely than an unconditional commitment to an end date for QE," said ECB watcher Frederik Ducrozet at Pictet Wealth Management in a note.
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"Headline inflation that is rising towards 1.8 percent by 2020 would provide the (Governing Council) with the necessary ammunition to make a tapering announcement, however flexible," said Ducrozet in his note.
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"If the BOJ moves to a stock-based target from a flow-based target, markets will perceive it as tapering," said Naomi Muguruma, senior strategist at Mitsubishi UFJ Morgan Stanley Securities.
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Gold's downward trajectory started in May 2013 when former Fed Chairman Ben Bernanke first mentioned tapering or reducing monthly bond purchases and markets started to think about eventual higher U.S. rates.
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"Markets are trading like there's no tomorrow — the decision on tapering has been delayed and hopes are high that the exit will be softer," said Christoph Rieger, rates strategist at Commerzbank.
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Made of white mesh, the net ran the length of his car and was held up by a tent pole at the front, tapering to a small, removable bag in back.
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Kiuchi, who finished up his tenure as board member in July, was a sole proponent of tapering the BOJ's asset purchases and long warned of the pitfalls of Kuroda's monetary experiment.
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The new tapering guide goes deeper, detailing the potential harms to patients who abruptly stop taking opioids and laying out factors to consider and steps to take before starting a taper.
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A few subtle changes in the language used by Mr. Draghi signaled that the central bank is laying the groundwork for tapering, but that it is still on the distant horizon.
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Their broad, flat, gently smiling heads are surrounded by a ruff of reddish, feathery gills; the thin-limbed bodies end in a broad, tapering tail the shape of a willow leaf.
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Working with one piece of dough at a time, extend the dough to 220-24 inch length, tapering the ends slightly and keeping the middle the thickest part of the rope.
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"I am surprised at the reaction, but it's just this notion that the ECB may be discussing tapering one day that has upset the market," said ING rates strategist Benjamin Schroeder.
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"We do not think the ECB is anywhere close to tapering its asset purchase programme, but in the near term momentum is towards euro upside," said Nomura currency strategist Yujiro Goto.
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The ECB trimmed back its asset buys in a surprise move last week but promised protracted stimulus to aid a still fragile recovery, dismissing any talk of tapering the programme away.
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Yet, while the tapering small-waisted form of the light brown "Samurai 2896" suggests an armored, crouched combatant, it also evokes the triangular bodice and full overskirt of an Elizabethan gown.
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Revenue at the software giant has surged in recent years as its bet on cloud computing has paid off, but there were continued signs that that acceleration could be tapering off.
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Later, I would learn that the amount of methadone that enters breast milk is negligible, and that if I had breastfed while tapering, it may have helped my daughter's weaning process.
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Manafort pleaded guilty in September 2018 in the Washington case to attempted witness tapering and conspiring against the United States, a charge that covers conduct including money laundering and unregistered lobbying.
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Despite the massive ratings for the video premiere, Dangerous would be written up as having a "disappointing" first sales week — which followed tapering sales for Bad, his previous album released in 22005.
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However the broader reflationary theme now playing out in global bond markets and rising headline CPI inflation could see markets become more nervous about an earlier-than-expected tapering of ECB purchases.
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The ECB has denied calls to start tightening its monetary policy, but some members have expressed that the time to consider the so-called "tapering" of its quantitative easing program is coming.
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"The acceleration in growth, employment and prices signaled by the surveys suggests that analysts will begin to pull forward their expectations of when the ECB could begin tapering its stimulus," added Williamson.
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However, the central bank announced in March that it would begin tapering the reduction in May and virtually end it altogether in September, after likely reducing the holdings by barely $1 trillion.
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"This in itself suggests that the Governing Council remains to be convinced that it should announce its QE tapering plans at its next meeting (in) September," notes Victoria Clarke, economist at Investec.
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The only concessions to the tapering talk were a comment that it would "not last forever" and that although an "abrupt" end to purchases had never been discussed, he considered it "unlikely".
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Expectations grew that the ECB would announce a tapering of its 2 trillion euro bond-buying scheme this autumn, and Germany's 10-year borrowing costs doubled over the course of a fortnight.
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"If they start tapering now, against the weak fundamentals and the banking system that is still quite fragile, it could be a policy error," Mouhammed Choukeir, Chief Investment Officer, Kleinwort Benson said.
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"Physical dependence occurs very frequently with repeated opioid exposure, but dissipates promptly after a few days of opioid tapering and discontinuation," explains Nora Volkow, director of the National Institute on Drug Abuse.
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FRANKFURT, Dec 8 (Reuters) - European Central Bank President Mario Draghi dismissed the idea on Thursday that changes in the bank's asset-purchasing programme meant it was easing off, or tapering the programme.
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A breakdown suggested weaker public consumption and a negative contribution from net exports — a tapering off of tourism in what is normally a weaker quarter for the industry -accounted for the decline.
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"Draghi pushed back strongly against the idea that they could discuss tapering or adjusting QE and that weighed on the euro," said Vassili Serebriakov, FX strategist at Credit Agricole in New York.
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Its mobile entertainment services were blocked online in China earlier this month just at a time when it wants to grow services business as potential source of revenue against tapering iPhone sales.
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The ECB trimmed back its asset buys in a surprise move on Thursday but promised protracted stimulus to aid a still fragile recovery, and dismissed any talk of tapering the program away.
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In October, the Department of Health and Human Services added to the chorus with a tapering guide that urges physicians to avoid rapid tapers and to consider the needs of individual patients.
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The 2.3 trillion euro program, designed to revive inflation, is set to run until the end of 2017, and a gradual withdrawal known as tapering would carry it well into next year.
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"A Macron victory may be the last piece of the puzzle for Draghi to begin tapering Quantitative Easing at the June European Central Bank ('ECB') meeting," wrote fund managers from Man Group.
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Our eyes locked in on the bronzed skin and tapering curves of drumsticks with fixed and purposeful stares that, if we had not been humans looking at poultry, I would call lust.
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Yet, memories of the shock market sell-off in 2013, when the Fed first raised the possibility of tapering its stimulus, and China's surprise yuan devaluation in 2015, are making investors chary.
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While most market players expect the ECB will announce at its next meeting in September that it will start tapering its asset purchases, a move this week is not completely ruled out.
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"A new discussion on how Italy will cope with the high yield environment when tapering begins will start up, and this is something ECB needs to avoid by all means," he said.
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"The reduction in purchases initially came as a surprise to the market as we first thought it was policy tapering," said Ayako Sera, market economist at Sumitomo Mitsui Trust Bank in Tokyo.
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By offering such guidance, the BOJ could lower yields for up to 10-years while lifting the long end of the curve by spurring market expectations of future tapering, the sources said.
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But while new infections are tapering off in China, they're soaring in Italy, from where the virus has spread to other European countries, fuelling fears of a wider outbreak across the Continent.
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Since 2013, America's poorest adults have experienced some of the greatest declines in the uninsured rate, but as of the first three months of 2016, those steady declines might be tapering off.
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In September, Manafort pleaded guilty in a parallel case in Washington to attempted witness tapering and conspiring against the United States, a charge that covers conduct including money laundering and unregistered lobbying.
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Many customers wait for Apple to launch its new smartphones before deciding on upgrading or replacing their current devices, which usually results in iPhone demand tapering in the months before a release.
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Since the battle erupted last year, when President Trump began levying tariffs on Chinese-made products, business confidence and capital expenditures have slipped, contributing to the recent tapering of global economic growth.
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Since 2000, the number of trips taken annually by people around the world has more than doubled, according to the World Bank, and there is no sign of these numbers tapering off.
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The biggest reason the Chinese economy keeps growing quickly is that the state-controlled banking system keeps pouring in loans, although the government began tapering the flow slightly during the second quarter.
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ECB President Mario Draghi's speech in Sintra was interpreted by many economists as a sign that the central bank was more optimistic about the economy and could start "tapering" earlier than expected.
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"By surprising on the dovish side with duration and at the same time tapering the purchase rate, the ECB has made a shrewd move in our view," HSBC economist Simon Wells said.
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By evening, the winter storm was set to move into the Boston area, where it is expected to leave just 2 inches overnight before tapering off by the morning commute, forecasters said.
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The largest grow more than 21 feet tall and 22 feet across, barely tapering as they rise until, about two-thirds of the way up, the scrambling madness of their branches starts.
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"In the current case, markets have done much more to prepare for European tapering, but the announcement could nonetheless cause volatility for rates," said Matthew Graham, chief operating officer of Mortgage News Daily.
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"One would start with tapering first, so a reduction of the liquidity measures, and only at a later stage it would be sensible to take action on the interest rate policy," he said.
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In 2013, when the Federal Reserve's "tapering" of its asset purchases led to a 21% slide in the rupiah against the dollar, Indonesia was seen as one of the "fragile five" emerging markets.
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Expensive consumer durables such as washing machines or passenger cars tend to diffuse through a population following an S-curve – slowly at first, then more rapidly, before tapering off as market saturation nears.
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Markets expect a slight downward revision in core inflation forecasts, although analysts said the ECB's long-term forecasts may be little changed and should not in themselves derail plans for tapering next year.
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The FDA is requiring drugmaker US WorldMeds of Louisville, Kentucky, to conduct more studies in teens and newborns of opioid-addicted mothers and for possible longer-term use in people tapering off opioids.
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Though it is already the largest fintech focused on cross-border consumer transfers, there is no sign that growth is close to tapering off, says Daniel Webber of FXC Intelligence, a data provider.
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"Speculation about tapering in Europe is increasing with inflation expectations improving, and the concern is that central banks will hit the brakes on stimulus - especially the ECB," said DZ Bank strategist Daniel Lenz.
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Both domestic and cross-border companies have been eager to raise debt ahead of looming political risk, namely from the French presidential election, as well as potential QE tapering talk from the ECB.
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After tapering in mid-2016 from record late 2015 levels, capital outflows have strengthened in recent weeks, analysts say, adding pressure on the central bank to keep the currency from falling too fast.
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Draghi starts his press conference at 1230 GMT Any indications that the governing council discussed tapering could see front-end yields on euro zone government bonds edge up, lifting the euro with it.
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"We are approaching the point where the ECB is going to have to discuss tapering as it's running out of eligible bonds to buy for the scheme," said Commerzbank rates strategist Rainer Guntermann.
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This would begin at a monthly pace of 22017 billion euros ($22018 billion) in January and tapering by 22018 billion euros each quarter to end the program in the first quarter of 2019.
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Given the bank's dwindling policy ammunition, however, many BOJ bureaucrats want to temper market expectations of additional easing and - through careful, delicate communication - lay the grounds for a smooth tapering of asset purchases.
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European Central Bank president Mario Draghi will speak at the conference, and speculation has been rife that the tapering of the ECB's 2-trillion-euro-plus bond-buying scheme cannot be far away.
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"We expect that the ECB Council will announce a tapering decision at its September meeting, or in October at the latest," Michael Schubert, senior economist at Commerzbank, told CNBC via email last week.
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One famous Egyptian papyrus satirically depicts ugly men with long and tapering cocks, possibly suggesting a similar sense of amusement at that which might amaze us today, but that is an isolated image.
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"It's not tapering," Mr. Kuroda said, adding that the bank would continue to buy bonds at a rate of about 80 trillion yen a year, or about $785 billion, the same as previously.
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The BOJ also left open the possibility that it will maintain its ultra-loose policy longer than expected, saying it would allow inflation to overshoot its 2 percent target before tapering asset purchases.
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Other artists like Gilberto Gil, Tom Zé and the group Os Mutantes would help establish tropicália as a distinct style, even as the movement itself remained relatively short lived, tapering off around 1968.
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BEIJING (Reuters) - China's commodity imports surged in December as tumbling prices spurred opportunistic buying, but shipments of some commodities are expected to start tapering off this year as slower economic growth checks demand.
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Another idea is for the BOJ to set a timeframe for how long it will keep buying government bonds at the current pace, and leave open the possibility of tapering purchases after that.
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"It is clear that even if there is a tapering, and we would call it that, the overall message from the ECB yesterday was dovish," said Jan von Gerich, chief strategist at Nordea.
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Europe's migration crisis, which peaked with the arrival of more than 1 million asylum seekers in 2015, has been tapering off with arrivals falling to the tens of thousands so far this year.
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And as a tentative recovery gathers steam, some policymakers, including Dutch central bank head Klaas Knot, are calling for speedier so-called tapering of the scheme set to run until at least December.
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This comes despite UBS strategists upgrading European banks to "overweight", as strategists believe that tapering and a return to EPS growth could act as catalysts to unlocking the group's recovery potential; Reuters reported.
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The BOJ could smoothly withdraw its massive stimulus and learn from the experience of the U.S. Federal Reserve, which is already tapering its asset purchases, Nakaso was quoted as saying in an interview.
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"The snow is expected to start as early as noon today with heaviest snowfall expected late this afternoon into tonight before gradually tapering off throughout Saturday morning," the National Weather Service said Friday.
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A swim that fast at this stage of the season, long before he starts tapering for the world championships in Gwangju in July, was a major statement from the powerful 20-year-old.
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She switched me to Effexor, which involved an exhausting process of slowly tapering off Wellbutrin and suffering through a few weeks of withdrawal, throughout which Facebook was there to tell me I'm mentally ill.
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Investors are betting the ECB could lift interest rates by July 2018, which suggests its first hike in seven years is likely to come once tapering is under way or soon after it concludes.
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Last week, Gordon told CNBC's "Trading Nation" that a daily chart of the S&P 1623 ETF (SPY) showed a gradual uptrend, tapering off into what he called a "three-way correction" move recently.
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The comments eased speculation that the BOJ was considering tapering asset purchases and supported a view that the BOJ was keeping in place a monetary policy that has only led the yen to strengthen.
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The country's annual average growth rate has been tapering, to around 3 percent from 5 percent, and there is a need for a new impetus to bring unemployment down among millions of younger Turks.
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In 2013, Indonesia was labeled one of the "fragile five" emerging economies after suffering from sharp capital outflows when then U.S. Federal Reserve Chairman Ben Bernanke announced a tapering of its quantitative easing program.
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The American Cancer Society recommends screening should be offered starting at age 40, but it recommends annual screening beginning at age 45, then tapering off to screening every other year starting at age 55.
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"We've had some macro- and political catalysts … Inflation looks on target and (ECB) President (Mario) Draghi has already set the tone for a potential hike or potential tapering towards the end of the year."
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Germany's 10-year yield last hit zero percent in October, 2016, when ECB chief Mario Draghi dispelled market concerns about tapering and said the ECB remained committed to its now-ended asset purchase programme.
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Germany's 10-year yield last hit zero percent in October, 2016, when ECB chief Mario Draghi dispelled market concerns about tapering and said the ECB remained committed to its now-ended asset purchase program.
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The greenback was boosted by a fall in the euro after the European Central Bank shot down talk it was contemplating tapering its monetary easing - sending the common currency to its lowest since March.
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He said the selection of a new Fed chair who would support deregulation is also a factor, as are expectations that the ECB will announce a tapering back of its bond buying on Thursday.
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The euro remained vulnerable at $1.0980 ahead of Thursday's meeting of the European Central Bank where some investors wager President Mario Draghi will push back against talk of a tapering in its asset buying.
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This is enhanced by the fact that once you focus in on the tapering, you cannot not quite put together what happens when you step back and take in the painting as a whole.
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Thought to be triggered by the Bank of Japan's tapering of bond purchases, his claim is making waves in the investment community and coincides with central banks increasingly moving away from global bond markets.
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There is also the possibility that equity market volatility follows bond market volatility higher as central banks sell bonds, especially if tapering comes alongside mixed economic news, as it is very likely to do.
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Analysts also suspect the ECB may start preparing investors for an eventual tapering of its stimulus, which could underpin the euro even as the Federal Reserve prepares to raise U.S. interest rates next week.
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As the cloud computing giant prepared to issue its fiscal first-quarter earnings report after Tuesday's closing bell, options traders were tapering their enthusiasm for the results, Dan Nathan, co-founder and editor of RiskReversal.
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DAVID ALTSCHULNashville, Tennessee Reading about the European Central Bank backtracking on the tapering of quantitative easing ("He still has your back", June 3rd) reminded me of one of the film versions of "A Christmas Carol".
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A sell-off in euro zone debt markets and a jump in the euro's value over the last three weeks suggests investors anticipate a winding down, or "tapering", of the scheme in the months ahead.
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"Most sensible commentary is rightly pointing out it's doubtful (ECB President) Draghi will deliver anything tangible in terms of a tapering tomorrow," said Richard Franulovich, senior currency strategist at Westpac Banking Corp in New York.
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The European Central Bank meets on Thursday, though it is not expected to announce that it is winding down — or "tapering" — its asset purchase programme until later in the year, which should lift the euro.
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And it comes after a drubbing in Italy's bond market and softer economic data had raised some doubts over whether the ECB would, as expected, be able to start tapering its bond purchases this year.
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The BOJ already has a precedent of stealth tapering in its bond buying and similar moves in its stock market operations come after it said last month it would make its asset purchases "more flexible".
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Investors expect the ECB to keep policy unchanged, but are focused on whether ECB President Mario Draghi will give any indication of if and when the central bank may begin tapering its bond purchase programme.
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A few months later, as South Korea's MERS epidemic was tapering off, a team of researchers from Hong Kong and the USA published a briefing about it in the Western Pacific Surveillance and Response Journal.
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The European Central Bank (ECB) will begin tapering its generous asset-buying program in the fall, according to the CEO of Italy's largest retail bank, with interest rate hikes to follow as soon as 2018.
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Traders said they welcomed that the ECB stuck to its super-easy policy as growth improved and viewed as a relief the fact that the bank did not discuss a tapering of its asset purchases.
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There could be "no question" of calling this a tapering, ECB chief Mario Draghi said, citing the novel argument that it did not qualify as they did not intend to take purchases down to zero.
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The clash is the worst during the dry season, which is tapering off right now, when the shrinking amount of pastureland shrivels into yellow straw and the rural areas ringing Nairobi turn into dead country.
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A tapering period is significant as the ECB ties the timing of the first rate hike to the end of asset buys, so any extension, would push out the timing of the first rate hike.
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Many market players saw the BOJ's move to cut monthly buying of bonds with more than three to five years to maturity as another small step in the BOJ's gradual tapering of its bond buying.
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For one, the reviewed studies generally looked at the results of tapering, when patients are slowly weaned off opioid painkillers — a process that, Stanford psychiatrist Anna Lembke told me, can take months or even years.
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If you do decide to go on antidepressants, or if you're on them now and don't have a history of chronic, severe depression, Holland suggests talking to your doctor about tapering off after six months.
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The subsidies would be 100 percent at first before tapering off — in hope of pulling more people into the labor force so they can develop skills that will allow them to earn a nonsubsidized wage.
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In counterpoint to the rhythmic repetition of Davis, Evertz threads the tonal (or harmonic) progressions of gray (the tapering bands) through the bands of varying widths and unvarying color, from muted hues to saturated tints.
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The ECB is expected to announce its plans for tapering its bond portfolio sometime in the next several months, though it is currently committed to buying 60 billion euros a month until at least December.
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If the ECB does say it will start to reduce its asset purchases - so-called tapering - the euro would probably rebound following a 4 percent fall against the dollar over the past month, analysts said.
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"So I would say if anything, were any rhetoric at all to come out of the ECB over the next month or so, it would be more about playing down expectations of tapering," he predicted.
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Made of strips descending vertically from a ledge-like protrusion overhead and tapering to a V shape, it does indeed somewhat resemble a waterfall — or cluster of stalactites, or Rapunzel having let down her hair.
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Lending the ECB some unexpected support, the chief economist of Germany's traditionally hawkish Bundesbank said that the time was not yet right for tapering or winding down the ECB's bond buys, given stubbornly low core prices.
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"I am not saying we will make a decision (on tapering) in summer, (but) we will have better information for making a decision in summer," Ewald Nowotny, a member of the ECB's Governing Council said Monday.
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Sources familiar with the BOJ's thinking say BTMU's decision may also complicate any eventual tapering of the BOJ's massive JGB purchases, and may force the central bank to continue printing money for longer than it wants.
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In an announcement Wednesday following its two-day meeting this week, the central bank said that in May it will begin tapering the amount of proceeds it allows to roll off its balance sheet each month.
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The ECB chief's apparent lack of concern about the strengthening euro convinced traders that the central bank remained on track to at least announce a tapering of its bond-buying stimulus in the autumn, analysts said.
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A necessary part of any training regimen, tapering refers to the gradual lessening of miles and workouts to give your body time to recover in the two to three weeks leading up to a big race.
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"The European Central Bank removed a source of immediate risk for traders by revealing that it did not discuss tapering its QE program at this month's meeting," wrote Ric Spooner, chief market analyst at CMC Markets.
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The preliminary outline appears to make no direct recommendations on the future direction of monetary policy, though the general tone would suggest that a tapering of the BOJ's massive stimulus program is unlikely, the sources said.
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As I and many other doctors have witnessed, this tactic of reducing prescriptions of pain medications to combat the opioid crisis, including the involuntary tapering of high dose opioids, has caused a considerable amount of suffering.
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"Just leading up to now the market was discounting the ECB's normalising policy — there would be tapering and there would even be a rate hike at some stage," said Tatha Ghose, Senior EM Economist at Commerzbank.
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Her line includes a single mouth-blown wine glass with a generous bowl and a gently tapering tulip shape that she says can be used to serve anything: Champagne, white and red wines, sherries and ports.
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Cooling equipment on the roof was moved inside for a cleaner look, according to Dajia, and several roofs on the tapering high-rise have become landscaped terraces, including one for residents on the Park Avenue side.
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"As we start to hear more about tapering and so on, we will start to see a lot more tension on rates," said Tanneguy de Carne, global head of high-yield capital markets at Societe Generale.
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FRANKFURT (Reuters) - The European Central Bank trimmed back its asset buys in a surprise move on Thursday but promised protracted stimulus to aid a still fragile recovery, and dismissed any talk of tapering the program away.
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As the crackdown on opioids gained traction, a sweeping change in chronic pain management took root — the tapering of millions of patients who have been relying, in many case for years, on high doses of opioids.
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TOKYO, April 25 (Reuters) - Dai-ichi Life Insurance will be cautious about buying European bonds given prospects of the European Central Bank's tapering its bond purchases and lingering political uncertainties, a senior official said on Tuesday.
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The connection is clear: the vertical striped pillar, nearly eight feet tall, has a cinched midriff look to it, rungs of color tapering from the top and bottom of the canvas against a ground of blue.
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At 0.55 percent, Germany's 10-year borrowing costs are still double what they were at this stage one month ago, as investors start to price in the European Central Bank's eventual tapering of its bond-buying programme.
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These fears were somewhat allayed by the Bank of Japan's comments after its Sept 21-22 meeting, in which the central bank said it would allow inflation to overshoot its 2 percent target before tapering asset purchases.
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Asked about the European Central Bank's ultra-loose monetary policy, which some conservative policymakers want the ECB to unwind, Obstfeld said the bank was doing a good job and the IMF was not advocating a premature tapering.
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He insisted that by extending it longer than the market had expected until the end of 2017, the purchase volume even was higher than expected and thus no start of tapering but an "adjustment" to the program.
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In the past week, comments from the European Central Bank and the euro's strength - trading near two-year highs against the dollar - have eased investor worries about a tapering of the central bank's bond-buying stimulus scheme.
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Meanwhile, they are looking for signs on whether the ECB is prepared to begin tapering its 2.55 trillion euro bond purchase program in September in the wake of recent market turbulence tied to political turmoil in Italy.
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"Overall, the ECB's focus on a very cautious and drawn-out tapering process that avoids pushing the euro higher was clearly more dovish than markets had been expecting," said James Chen, head of research at Gain Capital.
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This could trigger a sell-off that could be as bad or worse than the 2013 market rout - the "taper tantrum" - when the U.S. Federal Reserve began tapering its massive bond-buying programme, according to fund managers.
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China's April trade data, though missing forecasts, showed solid growth continuing after a surprisingly robust first quarter, but the pace is seen tapering off as Beijing turns the screws on debt risks and a hot property sector.
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"The pace of QE tapering is in line with market expectations and euro/dollar is modestly lower but we still have to wait for comments from Draghi," said Piotr Matys, a currency strategist at Rabobank in London.
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But several also warned that the gains from such spending were tapering off and that the efforts to revamp the economy had lagged, despite bold promises made by Mr. Xi at a Communist Party meeting in 2013.
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Although there are slight bumps in activity during the first and last months of the year, there is a slight, arcing curve that seems to crest around June before tapering off throughout the rest of the year.
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The immediate effect could however be to increase market pressure on Italy's sovereign debt, at a time when the county could face further risks due to the tapering of the European Central Bank's very accommodative monetary policy.
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Although the European Central Bank's Governing Council left monetary policy unchanged, Mr. Draghi said policy makers had preliminary discussions about the program, and said they would make the "bulk" of the decisions about tapering late next month.
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"We found that following a breach, time-to-EKG and mortality rates both rose, and continued to rise for about three years before tapering off," said Eric Johnson, dean of Vanderbilt University's Owen Graduate School of Management.
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" UPASNA BHARDWAJ, SENIOR ECONOMIST, KOTAK MAHINDRA BANK, MUMBAI "We expect the headline inflation to sustain above the upper tolerance level over the next few months before gradually tapering, as fresh food supply begins to hit the market.
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The Federal Reserve has already raised rates twice this year and is expected to tighten again before year-end, while the European Central Bank is preparing markets for tapering its massive stimulus possibly as early as 2018.
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"The fact that the ECB made the tapering decision look as dovish as possible because of the weak inflation causes a risk of a later move in rates than in our forecast," Nordea economist Tuuli Koivu said.
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Her team hopes hospitals across the nation will embrace their findings: Treating NAS with buprenorphine instead of morphine dramatically reduced length of time babies needed to be treated (tapering dosage) and decreased hospital stays for the infants, too.
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At a post-meeting news conference, BOJ Governor Haruhiko Kuroda is likely to stress that any tapering of the bank's huge asset-buying programme would be some time off as inflation remains distant from its 2 percent target.
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LONDON (Reuters) - The European Central Bank could start a more defined 'tapering' of its stimulus program next September, one of its policymakers said on Friday, even though it was likely to struggle meeting its inflation target for years.
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On Friday, the Bank of Japan is widely expected to keep its monetary policy unchanged, and reassure markets it will lag the Fed in tapering its massive stimulus programme, as Japan's inflation remains low despite a strengthening economy.
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Since then, central bank foreign assets, excluding gold, recovered what they had lost defending the pound to hit an all-time high of $45 billion at the end of May, before tapering to $43 billion by mid-September.
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If the ECB does say it will start to scale back its asset purchases - so-called tapering - the euro would be likely to rebound following a 4 percent fall against the dollar over the past month, analysts said.
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"We all know that the ECB tapering is coming but now it's about the timing, and yesterday's minutes suggested there's a growing dissent among ECB members about waiting too long," said ING currency strategist Petr Krpata in London.
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"The trend toward easing of credit standards appears to be tapering off, as the vast majority of lenders, around 90 percent, reported plans to keep their credit standards about the same," said Fannie Mae chief economist Doug Duncan.
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Farmers predicted high volumes of beans would continue to be sent to port until late January, with production tapering off and declining in quality through the end of the main crop in March if rainfall does not improve.
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Via the New Yorker's PR office: This is normally the time to add the to-be-sure graph, noting that, anecdotally, media orgs that reported a Trump Bump earlier in the year are reporting an understandable tapering off.
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Upbeat business surveys were the latest signs of an economic recovery in the single currency bloc that could encourage the European Central Bank to start scaling back or "tapering" its 2.3 trillion euro ($2.7 trillion) asset-purchase scheme.
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The ECB said it would trim asset purchases to 60 billion euros ($64 billion) per month from next April, from the current 13 billion euros, but ECB chief Mario Draghi said that should not be viewed as tapering.
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At the same time the 10-year German bund yield hit a two-month low as the debt markets interpreted the ECB's message differently, seeing the central bank taking a cautious and patient approach to tapering its stimulus.
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FRANKFURT (Reuters) - The European Central Bank left ultra-loose monetary policy unchanged on Thursday but kept the door open to more stimulus in December, firmly shooting down any talk of tapering its 1.7 trillion euro asset-buying program.
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An improving economy and some fading of euro zone political risks following French presidential elections in April and May have boosted speculation about a scaling back or "tapering" of the ECB's massive asset-purchase scheme in coming months.
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The ECB left its ultra-loose monetary policy unchanged but President Mario Draghi kept a wide range of options open for further stimulus in December, shooting down any talk of tapering its 2600 trillion euro asset-buying program.
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Still, the regulars at the Tapering Vapor — overwhelmingly white, mostly working class and ranging from their 20s to middle age — provide a haze-shrouded snapshot of an anxious nation navigating an election year fueled by disquiet and malaise.
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But no major changes are expected and the ECB is likely to wait until September to announce a tapering of its 60 billion euros of monthly asset purchases, probably starting in early 2018, according to a Reuters poll.
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"We are likely to see ECB tapering of QE (quantitative easing) in the fourth quarter and I don't see anything in Praet's comments to change that view," said Chris Scicluna, head of economic research at Daiwa Capital Markets.
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It had briefly risen to a near 1-month peak of $1.0875 on Thursday in an initial reaction to the ECB before pulling back as the markets concluded that more significant policy tapering remained further down the horizon.
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The towering black walnut front door is framed in bronze with a glowing onyx sidelight, and the custom bronze handle from E. R. Butler & Company mimics the shape of the tapering building, designed by the architect Jean Nouvel.
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The "Nunes Memo" attacking the FBI and the Foreign Intelligence Surveillance Act (FISA) process was finally made public late last week, and the endless partisan back-and-forth over the legitimacy of its claims is, slowly, tapering off.
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When Ms. Falstein began experiencing "jelly legs" that left her too weak to stand for long, increased panic attacks, extreme fatigue and other health problems, she and her psychopharmacologist agreed that she should begin tapering off her benzos.
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The ECB left its ultra-loose monetary policy unchanged but president Mario Draghi kept a wide range of options open for further stimulus in December, shooting down any talk of tapering its 20.19 trillion euro asset-buying program.
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The common currency has rallied nearly 12 percent against the dollar so far this year as worries about the rise of anti-establishment political forces in Europe faded while expectations rose for tapering the European Central Bank's stimulus.
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The wood tapering vertically to the floor plunges me into the vertigo of modernity of which Baudelaire wrote; the horizontal elements direct me to a vanishing point from which I came or to which I am being led.
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While there are concerns that the current chip boom is tapering off, the long-term outlook for so-called 3D NAND chips which have a stacked cell structure giving them far more storage capacity, is still rosy, he said.
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When the U.S. Federal Reserve announced it was to being "tapering" its quantitative easing program in 2013, emerging markets -- to which investors had flocked when U.S. rates were low -- saw massive capital outflows and market selloffs as investors fled.
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We found a similar pattern: As we saw in the former chart, a peak in deal volume at or around the beginning of 2015, as well as the tapering-off effect we saw in the case of individual states.
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Investors shoveled $2800 billion into bond funds in the past week indicating a persistent "lust for yield," Bank of America/Merrill Lynch (BAML) said on Friday, with rumors of a potential European Central Bank tapering not yet impacting flows.
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Declining sales show signs of tapering off since Wal-Mart veteran Sean Clarke became Asda's president and chief executive last July, with a focus on improving the look and feel of the stores as well as enhancing product lines.
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Draghi's comments were taken as pointing to the possibility that the ECB may announce a tapering of its massive bond purchases in coming months, possibly as early as September, said Sim Moh Siong, FX strategist for Bank of Singapore.
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"Most sensible commentary is rightly pointing out it's doubtful Draghi will deliver anything tangible in terms of a tapering tomorrow," said Richard Franulovich, senior currency strategist at Westpac Banking Corp in New York, referring to ECB President Mario Draghi.
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It used to be difficult to confirm a pregnancy before the 12-week mark, which is also when the risk for miscarriage happens to start tapering off — but now many people find out right when the risk is highest.
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Markets have been dominated by a policy shift from the Bank of Japan last month, the resurgence in talk of the European Central Bank possibly tapering its bond buying programme, and the cloudy outlook for a Fed rate hike.
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Petcho said, however, that any tapering announcement would likely disappoint traders hoping for a hawkish move by showing a more moderate bias, while second-quarter European economic growth was poised to come in at a modest 1.5 percent annualized.
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Ken Odeluga, market analyst at City Index, said that following the outcome of the French presidential election, which was won by centrist Emmanuel Macron, the European Central Bank could feel less constrained to begin tapering its asset-buying programme.
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After four months barely surviving the hell of tapering off antidepressants before trying to conceive, the last thing I expected to hear from a doctor ten weeks into my pregnancy was that I should go right back on them.
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No one knows for sure what unpleasant surprises may lurk now that it is ready to begin the so-called tapering, stanching the flow of easy money that made it possible for banks to lend and governments to borrow.
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Several years ago, before Bill died in 213, the couple built a one-story home surrounding Pepper's studio, and this is where I find her, perfecting models for her latest sculptures, including two taut, tapering curves sweeping dramatically upward.
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"The BOJ is sensitive to the fact that any reductions might be interpreted as tapering, so it will likely continue to be very careful with its operations," said a fixed-income fund manager at a Tokyo asset management firm.
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The common currency had rallied more than 10 percent against the dollar so far this year as worries about the rise of anti-establishment political forces in Europe faded while expectations rose for tapering the European Central Bank's stimulus.
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The chip business was Samsung's top earner again as it booked a record 11.6 trillion won operating profit in January-March, from 13 trillion won in the previous quarter, despite signs the recent boom in memory chips was tapering off.
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ECB President Mario Draghi stressed that the move, which will see its purchases drop from 21.45 billion euros a month to 250 billion, was not the kind of Federal Reserve-style 'tapering' that caused a global market selloff in 253.70.
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The euro dropped over 0.213 percent on Thursday after the European Central Bank extended asset purchases until the end of next year and President Mario Draghi said cuts to the size of the program should not be viewed as tapering.
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Warren's plan tries to address those criticisms by limiting debt cancellation to $50,000 — which would likely not encompass the debt incurred by graduate degrees like law school and medical school — and by tapering off forgiveness for people with high household incomes.
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Teleflex's revenue increased 3.2 percent in 2016 and is estimated to rise about 12 percent this year, mainly due to the Vascular Solutions deal, before tapering off to 3.2 percent by 2020, according to Thomson Reuters I/B/E/S.
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The rare mid-March "nor'easter" was tapering off over upstate New York and northern New England after dumping as much as a foot (30 cm) of snow with gale-force winds throughout the region on Tuesday, the National Weather Service said.
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"We think the ECB will declare victory once it becomes more and more certain that inflation is moving above 1 percent and then it will start to prepare markets for tapering," said Shweta Singh, a senior economist at Lombard Street Research.
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The reason for that is slowly tapering off the drug lessens the likelihood of relapse, he said, adding going into a medically induced coma is "very extreme" and would typically only ever happen in Canada due to severe alcohol withdrawal symptoms.
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The teapots' tapering demand for the Russian grade pushed spot premiums for June-loading cargoes to as low as $2 a barrel from as high as $13 a barrel for April loaders, catching some traders who sell to teapots off guard.
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Thereafter we can put it behind us, all go back to our usual overriding obsessions about the Federal Reserve's next rate hike, European Central Bank tapering, OPEC tinkering and the not-too-small matter of stretched equity market valuations. Phew!
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Some analysts have said the central bank is embarking on "stealth tapering" as actual purchases have slowed to around 50 trillion yen, partly because it needs to buy fewer bonds to keep yields low given its dominant presence in the market.
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"Investors are becoming more sensitive to Italian risk, which is what you would expect if you are factoring in tapering and the ECB relinquishing its role as buyer of last resort," said Richard McGuire, head of rates strategy at Rabobank.
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Markets have been dominated by central bank policy, including a shift from the Bank of Japan last month, resurgence in talk of the European Central Bank possibly tapering its bond buying program, and the outlook for a Fed rate hike.
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"This is sooner than we had assumed and might mean that (the ECB) it will end its asset purchases in September rather than tapering over the last few months of the year," economists at Capital Economics said in a note.
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Brzeski said a "relatively reasonable and face-saving compromise" for German policy makers and the ECB would be to announce a so-called tapering in the summer, namely a further reduction of the monthly QE purchases from January 2018 onwards.
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In an America riddled with anxieties, the worries that Mr. Foster and his neighbors bring through the doors of the Tapering Vapor are common and potent: Fear that an honest, 40-hour working-class job can no longer pay the bills.
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APRIL 30-MAY 1 POLICY MEETING Some Fed policymakers were coming around to the idea that the June 18-19 meeting would be a good time to start tapering the bond purchases, though it was not known publicly at the time.
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"We think the ECB will declare victory once it becomes more and more certain that inflation is moving about 1 percent and then it will start to prepare markets for tapering," said Shweta Singh, a senior economist at Lombard Street Research.
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While most of them will likely side with Kuroda, the increasing presence of those favoring big asset buying could confuse markets if they openly voice opposition to tapering at a time the BOJ's main scenario is to gradually slow purchases.
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"The ECB is talking about tapering, and the Bank of England is talking about raising rates, so we've gone from across-the-board global central bankers' easing to now across-the-board thinking about pulling back on unconventional policy, " Samana said.
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Inslee said he would orchestrate another global agreement to focus on tapering methane gas, which is 22019 times more heat-trapping than carbon, and look for alternatives to hydrofluorocarbons used in refrigeration and air conditioning that are also heat-trapping.
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But it's the view of Swiss wealth management giant UBS, which predicts the euro will end next year at $29, drawing support from the ECB tapering QE. Undervalued sterling will rally too, picking itself up from its Brexit mauling. 210.
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Financial markets overwhelmingly expect the ECB to decide in September on the future of its stimulus policy beyond the end of this year, with analysts split between those who expect a one-off reduction and a definitive tapering of the programme.
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Financial markets overwhelmingly expect the ECB to decide in September on the future of its stimulus policy beyond the end of this year, with analysts split between those who expect a one-off reduction and a definitive tapering of the program.
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On a hopeful note, Mr. Cuomo said that more than 4,2013 people in New York State had been discharged from hospitals, and that while the number of hospitalizations continued to grow, the rate at which it was growing was tapering off.
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In a paper published Tuesday in Lancet Psychiatry, the authors argued that any responsible withdrawal regimen should have the patient tapering off medication over months or even years, depending on the individual, and not over four weeks, the boilerplate advice.
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To keep options open, ECB President Mario Draghi and other policymakers have been talking of a "recalibration" of the program, rather than "tapering" - the term used by the Fed when it wound down its own quantitative easing (QE) scheme in 2013.
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While the yen's move the previous day was in line with the BoJ's subtle reduction in its bond buying over the past year, or 'stealth tapering', the reaction highlighted how sensitive markets are to a pullback in Japan's massive stimulus.
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When Kinkle asked if he could use Suboxone, a brand name for a combination of buprenorphine and naloxone, he was told that unless he had a detailed plan for tapering off the drug, the nurse assistance program would not allow it.
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ECB President Mario Draghi's remarks that policymakers will decide on tapering this autumn, and that "probably the bulk of these decisions will be taken in October", gave dollar bulls reason to be upbeat on the single currency's near-term outlook.
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TOKYO (Reuters) - The Bank of Japan rebuffed speculation that it was engaging in "stealth tapering" as its massive asset-buying programme nears its limit, stating instead its reduced bond buying reflected receding upward pressure on Japanese yields from U.S. Treasuries.
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What's particularly worrisome: "The decline is not tapering off in Western countries—it's steep, significant, and continuing," says study co-author Shanna Swan, a professor of environmental medicine and public health at the Icahn School of Medicine at Mount Sinai.
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