10 Jul 2013
All eyes on Bernanke
FXstreet.com (Córdoba) - As the FOMC minutes failed to provide clearer signals whether the Fed would start tapering its bond purchases in September as market had expected, all eyes now turn to Fed's Chairman Bernanke press conference scheduled for 20:10GMT.
What minutes did say is about half of members consider it likely would be appropriate to end the asset purchases late this year, while others wanted it to continue into 2014. However, many said labor market gains needed before QE taper. Let's hear what Bernanke has to say.
What minutes did say is about half of members consider it likely would be appropriate to end the asset purchases late this year, while others wanted it to continue into 2014. However, many said labor market gains needed before QE taper. Let's hear what Bernanke has to say.