129779313214375000_37Hexun homepage established mobile phone version of the stock/fund micro-blogging news blog dynamic observation on the foreign exchange market currency US dollar currency, instant expert analysis on relevant industry topics scroll column bodyDisk on the HD solutions financial calendar financial products Exchange Center Exchange Tools school online Salon experience exchange finance foreign exchange regulations on investment hexun hexun.com Wikipedia Forex Forum Forex blog Forex > body font size print RSS April 201210:43 source: FX168 despite the distance to the next Federal Reserve (FED) meeting for three weeks, but on the third round of quantitative easing (QE3) discussion already is fierce. In this context, local time, Tuesday (April 3) Federal Reserve meeting minutes later will be closely watched. The United StatesBeijing time, the Fed will 02:00 published March 13, minutes of the monetary policy meeting on Wednesday, reiterated in the minutes are expected to support the 0-0.25% ultra low interest rates maintained at least until the end of 2014. 13th meeting in a policy statement, the Fed acknowledged the recent signs of economic strength, and said recent financial market tensions ease, did not provide further relaxation of monetary policyPossible clues. Federal Reserve Chairman Ben Bernanke before the March meeting (Ben Bernanke) Congressional testimony since traders for QE3 discussion becomes increasingly hot, bolao pointed out that at that time, the Fed temporarily do not have to implement the third round of quantitative easing. His remarks were seen as a more positive outlook for economic, tradeThink of his old doves level has decreased, market interest rates began to rise
tera power leveling, and then on March 13 of the Federal Reserve statement after some market participants more determined, more possibility of easing of the Federal Reserve declined. But some weak economic data, as well as Bernanke remarks published last week that Treasury yields lower
tera gold, and the easing of the expectedUpgrading again. In addition, some hard-line members of the Federal Reserve continues to claim that having to QE3 and questioned the Federal Reserve will keep interest rates low to 2014 is expected. Chief Economist Stephen Stanley of Pierpont Securities said: "for me, the Fed took no action thresholds areIs quite high. Although Bernanke continues to doves style, but the St Louis Fed President Bullard (James Bullard), the Cleveland Fed President pinaertuo (Sandra Pianalto) or Atlanta Fed President Lockhart (Dennis Lockhart), these are usually standing in the middle of the road officials disputesDisputes claims that there is no need for more action. Therefore, I feel some doubt will take further initiatives on the Federal Reserve. "He added that Dallas Fed President Fisher (Richard Fisher), Philadelphia Fed President puluosuo (Charles Plosser) or the Richmond Fed President Lake (JeffreyLacker), consider it necessary to take more action, in line with its traditional style of hardliners. But Goldman (Goldman Sachs) Economist Andrew Tilton believed that fed would implement QE3, but he also pointed out that the market seemed to expect the Federal Reserve to implement QE3 probability is lower than 50%. TiltoN said "minutes of the meeting of the Federal Reserve definitely caused great interest in the market, due in part to the Federal Reserve about the possibility of more QE, but also because it will probably discuss different policy options, and what options may tend. Meeting will narrow the scope of the new round of asset purchases may, may also be provided to implement these measures can beContext clues. "Fed difference mainly attributable to the different views on economic trends, that there was sufficient evidence to suggest that the economy will achieve a sustainable recovery, while another stressed the reason for concern about deeper issues such as high unemployment, which is the representative of Chairman Ben Bernanke. Bernanke warned that to withdraw stimulus measures too quickly can cause economicBack again, as they did in 1937. Some fed officials are worried, cut the federal budget may be in 2013 poses a significant drag on the economy, market analysts noted that, before the Fed hopes that taking action to support the economy. Analysts pointed out that investors will focus on whether the minutes of the Fed will directly address the "reverse action", which is scheduled to end of JuneExpired. The strategy aims to buy longer-term bonds by selling more short-term debt, and to drive down interest rates. Fed officials have indicated that if the Fed decided to implement QE3, for mortgage-backed securities, bonds of QE rather than ever. Stanley of Pierpont Securities noted that his remarks last week may beMisunderstanding in the market, he is defending the Fed's current stance, "Bernanke delivered a speech about the job market
tera gold, but that trend and policy there is no direct contact, but it is clear, from between the lines to understand the market as Bernanke trying to imply that QE3. "The Royal Bank of Scotland securities (RBS Securities) us debt analyst John bRiggs said his meeting minutes did not hold high expectations, "more moderate comments from the Federal Reserve in the near future, I do not expect the summary will have a significant impact on the market. They (Federal officials) could discuss future policy, talk less on the current situation. They may be generalities, the wording is vague. We don't know what will happen in the second quarter, they may not know. "
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