report from the Federal Reserve started yesterday about the income, the meeting will last for two days, and will hold a press conference after the meeting for the first time ever, he will personally answer a reporter's question, market expectations from which to judge the future policy of the authorities and the United States forecast of economic prospects.
in addition, the Federal Reserve's latest economic forecast will be issued, is expected to increase this year inflation expectations, and slightly lower growth forecasts.
but in tremendous opportunities to maintain interest rates unchanged, would only reiterate rounds of quantitative easing (QE2) under the monetary policy background of the end of June, this maximum will be the focus of the meeting when the Federal Reserve will begin "collect water" and in what manner, "your water".
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fed first open reporter will quantitative loose stay "veil to opening" focused fed back city means Greece last year debt deficit scale than expected RMB meeting modified to overcome floating fear syndrome AUD/dollars then create history high 1.079 euro in fed resolution announced Qian climbed New Zealand joint storage material maintained interest rate in 2.5% does not variable second quarter investment policy will hot registration in the suspended buy debt is not tightened currency
since fed last year November launched QE2 heavily purchased into United States bonds yilai , Bonds issued by the Ministry over 80% is represented by the Federal Reserve to buy in, biggest buyers disappeared when the US debt, fear or pushed up interest rates, turmoil in stock markets, commodities will happen.
QE2 will be completed by the end of June, but the market consensus is that this is not the beginning of the Federal Reserve to tighten monetary policy, but only wide end of the policy.
Market believe that the Fed will stop buying bonds, but will temporarily hold assets in hand, the limited impact on the financial markets. (Our gold)
monetary policy of the Federal Reserve forecast
assuming scene: end of the round of quantitative easing in June as scheduled.
may: immediately announce batches and sold over trillions of dollars of bonds held by on a regular basis;
II: expiration of bonds from circulation of money on hand, again entered the market to buy government bonds, amount of material about more than 10 billion dollars a month.
