Tuesday, 19 March 2013

Economy News Headlines - Yahoo! News: Fed to stick to stimulus as Cyprus rekindles global risks

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
Fed to stick to stimulus as Cyprus rekindles global risks
Mar 20th 2013, 04:07

Ben Bernanke testifies at the House Committee on Financial Services on Capitol Hill in WashingtonBy Pedro Nicolaci da Costa WASHINGTON (Reuters) - The Federal Reserve looks set to sustain its $85 billion monthly bond-buying stimulus despite improving U.S. economic data as a new flare-up in the euro zone crisis reminds officials of a risky global environment. As it wraps up a two-day meeting on Wednesday, the U.S. central bank's policy-setting Federal Open Market Committee will continue debating the potential costs of quantitative easing, including the possibility its easy money policies will inflate asset market bubbles. ...


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