-
FOMC Preview: QE3 To Be Killed, 'Considerable Time' To Stay
The US central bank is set to give its asset purchase 'QE3' program the final $15 billion kiss of death on Wednesday (while maintaining its existing reinvestment policy), majority of analysts expected, but clouds above America's economy may give officials pause as they are expected to keep a "rates near zero for a considerable period" language in the statement, possibly waiting with some hints until December. October Federal Open Market Committee (FOMC) two-day meeting was supposed to be "easy", but a combination of messy geopolitics, weaker external demand, and commodity softness has added new uncertainties, ING ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 29, 2014 10:10am Oct 29, 2014 10:10am
- gino32
- | Commercial Member | Joined Jul 2011 | 12 Comments
- Comment #2
- Quote
- Oct 29, 2014 10:46am Oct 29, 2014 10:46am
- fxcapecod
- | Joined Mar 2012 | Status: Member | 52 Comments
- Comment #3
- Quote
- Oct 29, 2014 12:03pm Oct 29, 2014 12:03pm
- hilmansyah
- | Joined Mar 2009 | Status: Member | 149 Comments