The Federal Reserve confirmed that tapering of its hefty bond buying program may begin soon, with economists now expecting for it to start before the end of the year. Meanwhile, expectations of a rate hike are getting pulled slightly forward -- with some officials expecting one before the end of next year. Jeff Ng, Senior Treasury Strategist at HL Bank -- joined us on Prime Time to talk about the Fed's recent policy decision, and how growing worries about Chinese risks may be informing their rate strategy.

<p>The Federal Reserve confirmed that tapering of its hefty bond buying program may begin soon, with economists now expecting for it to start before the end of the year. Meanwhile, expectations of a rate hike are getting pulled slightly forward -- with some officials expecting one before the end of next year. Jeff Ng, Senior Treasury Strategist at HL Bank -- joined us on Prime Time to talk about the Fed's recent policy decision, and how growing worries about Chinese risks may be informing their rate strategy.</p>