World Week Ahead: Shift to neutral?

Sun, 27 Jul 2014

By Margreet Dietz July 28 (BusinessDesk) - Investors are likely to be cautious ahead of this week’s US Federal Reserve policy meeting, as well as the latest reports on the country’s gross domestic product and jobs. The Federal Open Market Committee begins a two-day meeting on July 29 and is expected to lower the pace of its monthly bond-buying, currently at US$35 billion, by another US$10 billion. Minutes of the June FOMC meeting showed policy makers plan to end the programme this year with a final US$15 billion cut after its October meet...

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