Bernanke Arrives for FOMC Meeting, Investors Anticipate QE3 Action

Bernanke Arrives for FOMC Meeting, Investors Anticipate QE3 Action

ppFederal Reserve chairman Ben Bernanke arrived for a two-day meeting for the Federal Open Market Committee (FOMC) in Washington D.C on Wednesday.pbr br pThis week, most economists expect the Fed will take steps to decisively ease policy again with a third round of bond purchases to give the recovery another kick start.pbr br pIt will also offer a fresh batch of forecasts for growth, unemployment and inflation - as well as projections for when interest rates will finally rise - this time stretching them over four years into 2015. Previously, the Fed waited until November to add a fourth year.


User: IBTimes

Views: 4

Uploaded: 2012-09-19

Duration: 00:47

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