While you were sleeping Investors on Fed watch

Mon, 19 Aug 2013

By Margreet Dietz Aug 20 (BusinessDesk) - Equities and bonds fell as investors await signals from the US Federal Reserve, perhaps later this week, about plans to pare its bond-buying program. First, on Wednesday in the US, minutes of the latest Fed meeting, held July 30-31, will be released. Bond watchers expect the Fed to pare the monthly target of purchases by US$15 billion to US$70 billion, in keeping with recent comments by Fed Chairman Ben Bernanke that the central bank wants to ease back this year and end bond buys by mid 2014. But the...

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