World Week Ahead Fed QE words awaited

Sun, 26 May 2013

By Margreet Dietz May 27 (BusinessDesk) – Investors will eye Federal Reserve officials Eric Rosengren and Sandra Pianalto in the coming day for further clues on the timing of a taper of bond buying under the US central bank’s quantitative easing policy. In a bid to bolster growth by keeping interest rates low, the Fed has been pursuing QE, sometimes called printing money, by acquiring bonds at a rate of US$85 billion a month, swelling its balance sheet in the process, and has linked that pace of buying to a drop in the jobless rate. Fed Cha...

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