Markets Spooked As The Chances For QE3 Grow SmallerVW Staff
The markets have been extremely focused on the likelihood (or not) of a further quantitative easing being announced by the U.S. Fed.
It may be noted that though the FOMC minutes for the meeting held on July 31 have clearly spelled out that a final decision regarding QE3 would be taken at the September meeting, markets have been vigorously analyzing emerging economic data to assess the chances of it materializing. As a result . . .
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