Bernanke Arrives for FOMC Meeting, Investors Anticipate QE3 Action

2012-09-19 4

Federal Reserve chairman Ben Bernanke arrived for a two-day meeting for the Federal Open Market Committee (FOMC) in Washington D.C on Wednesday.



This week, most economists expect the Fed will take steps to decisively ease policy again with a third round of bond purchases to give the recovery another kick start.



It will also offer a fresh batch of forecasts for growth, unemployment and inflation - as well as projections for when interest rates will finally rise - this time stretching them over four years into 2015. Previously, the Fed waited until November to add a fourth year.

Free Traffic Exchange