The course is set for the exit from QE3 The outcome of the Fed meeting will be known on late Wednesday. Shrinking the QE3 by another $ 10 billion - is pretty much settled. It is unlikely that the regulator will retreat from its course to the full exit from the program by autumn. Thus, from the previous $ 85 billion the QE3 will “slim down” to a modest $ 25 billion, and hence the complete cessation of purchases of mortgage bonds and treasury obligations will happen in just two or three months.... roboforex/analytics/forex-forecast/fundamental_06182014/4860/
Posted on: Wed, 18 Jun 2014 15:04:56 +0000
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