World Week Ahead Focus of the Fed

Sun, 28 Jul 2013

By Margreet Dietz July 29 (BusinessDesk) – The policymakers of the US Federal Reserve will meet over two days this week and investors are positioning themselves just in case the central bank further details its plan to rein in its bond buying. And that’s exactly what the International Monetary Fund is asking Fed Chairman Ben Bernanke to do. In its annual review of the US economy, released on Friday, the IMF said “there are significant challenges involved in unwinding accommodation, including risks of market reactions leading to excessive i...

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