Financial News

MORNING BID-Fed up

Stock markets seem keen to return to the black after Tuesday's stumble. Europe has opened 0.7% higher and U.S. futures are up around half a percent. But focus today is squarely on the U.S. Federal Reserve; while it is expected to maintain its interest rate and leave its asset purchase policy unchanged, the question is: will it act to cap longer-dated borrowing costs?
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