World Week Ahead Central bankers go for gold

Sun, 29 Jul 2012

By Margreet Dietz July 30 (BusinessDesk) - All eyes will be on the US Federal Reserve and the European Central Bank in the coming days as investors await further clues on action to bolster economic growth and contain the euro zone crisis. ECB policy makers gather on Aug. 2, a day after the Federal Open Market Committee finishes its two-day meeting. Bank of England board members also are set to meet on Thursday. Last Thursday, ECB president Mario Draghi said the central bank will do "whatever it takes" – within its mandate – to preserve the e...

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