World Week Ahead Fed in the limelight

Sun, 27 Oct 2013

By Margreet Dietz Oct. 28 (BusinessDesk) – Federal Reserve policy makers will draw the limelight as they start a two-day meeting on Tuesday after which they are expected to signal ongoing stimulus to help the US economy get over the speed bump created by lawmakers’ fiscal battle earlier this month. First, the focus will be on Apple which is scheduled to report its latest earnings on Monday. Shares in the iPhone maker have risen more than 10 percent in the last month. On Friday, shares in Amazon, up 9 percent, and Microsoft, up 6 percent,...

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