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Markets wait for Fed announcement

04-26-2012 11:02 BJT

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The US Federal Reserve begins the second day of its 2-day monetary policy meeting later on Wednesday. Analysts are expecting the central bank to sound a slightly more upbeat note on the economy, but show little rush to raise borrowing costs.

They also note the Fed is less likely to roll out further easing, as the nation’s economic growth has been just firm enough to weaken the case for additional unconventional stimulus through Fed purchases of government or mortgage bonds, which is known as quantitative easing.

Investors will, however, be closely listening for any hints that QE3 could come in the future.


Editor:Zhang Rui |Source: CNTV.CN

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