Dislikedthey will do something like extend Opetration twist maybe, but a big QE3 would be risky ahead of elections, fiscall cliff deadline, and end of the year natural slowdown (holidays)Ignored
Here are the meeting minutes from last month just to put things in perspective:
Key points from the minutes are summarized as follows:
Many on FOMC favored easing soon if no sustained growth pickup.
Many participants saw new QE as bolstering U.S. recovery.
Discussed QE, extending 2014 forecast on rate.
Markets have large capacity to handle more QE.
Long-term inflation expectations stable. Mid-term inflation at or below 2%
target.
Participants saw economy decelerating after June meeting, and see
moderate growth in coming quarters.
Risk from Europe, U.S. fiscal policy. Some participants said U.S. recovery
vulnerable to shocks.
Manufacturing was slow or falling.
http://finance.yahoo.com/news/usdjpy...183400556.html