Most members on the FOMC expect the tapering of the Fed's QE program to start this year, the minutes of the September 17-18 meeting show, with the decision not to reduce the bond-buying last month a "close call." FOMC members were aware that the non-taper would be a surprise to the markets. Ultimately - with a number on the committee viewing the latest job data as disappointing - the majority thought it "prudent" to hold steady.
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