Currency Analyst since 2010

Bloomberg survey: Fed's QE

Bloomberg News survey showed that most of 40 economists don’t expect the Fed to taper QE until March 2014 when they reduce monetary stimulus from $85 billion to $70 billion a month. The analysts think that the central bank will reduce monthly purchases to a $25 billion pace by July and end the program at the October 2014 meeting.

The respondents believe that the 16-day government shutdown reduced growth by 0.3 percentage point this quarter.

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