2012-10-23yahoo.com

At its two-day meeting that starts Tuesday, the Fed may abandon its calendar date.approach to forward guidance and adopt some form of numerical target for policy, analysts said.

Reuters Federal Reserve Chairman Ben Bernanke (left) speaks with Charles Evans of the Reserve Bank of Chicago in August. The approach of Evans is slowly being adopted by his Fed colleagues.

And the central bank consider whether to expand its bond-buying at the end of the year to take account of Treasury purchases under its Operation Twist plan that finishes at year-end.



Comments: Be the first to add a comment

add a comment | go to forum thread