Tuesday, December 13, 2011

Europe - Euro's woes boost sterling / Fed likely to skip fresh stimulus

Published on Dec 13, 2011 by
http://www.euronews.net/ The euro fell to a fresh nine-month low against the British pound on Tuesday.
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Fed likely to skip fresh stimulus
Published on Dec 13, 2011 by
http://www.euronews.net/ Analysts say the Federal Reserve is likely to hold off from fresh stimulus measures for the US economy at its meeting today.

The feeling is that Ben Bernanke and the other central bank policymakers will continue to talk about how they can achieve more from the monetary easing they have already put in place.

Even less likely is the prospect of a new round of bond buying, although many analysts think that will happen eventually too.

There are some encouraging signs of recovery in the US but worries about the effects from Europe's problems.

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