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Nomura bear Bob Janjuah believes he knows the reason why the Fed will begin pulling back its easing program.
The CBO says the Senate's plan would bolster the economy and reduce federal deficits by billions of dollars.
Fed policymakers will likely announce they will keep buying bonds, while keeping their options open to scale back.
The Fed will probably put off tapering, but needs to start scaling back next year, two top economists tell CNBC.