All the signs pointing to the Federal Reserve engaged in another series of monetary easing next week. As yet no details have been announced, insiders are betting that the Fed will start this version of the quantitative easing with a purchase of $ 500 billion dollars in debt from the Treasury Board in the five months. Reserve US Federal suggested action for weeks, noting that low recovery does not support an increase in employment and must act now to make more money for lenders stimulate credits.
Source: Reuters
Filed under: Forex Round Up, USD.
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