- Published: 29 October 2014
- Written by Editor
by Neal Gilbert of Forex.com
The day that investors around the world have been waiting for since the start of the week is finally upon us and the Federal Reserve will be making their monetary policy decision a little later this afternoon. Overwhelming expectations expect the Fed to taper away the final $15 billion from their Quantitative Easing program, but maintain an air of caution by cementing the notion that they will remain as accommodative as possible for an extended period of time. The interpretation of the extended period by the market means that many expect interest rates to stay at effectively 0% until mid to late 2015. Perhaps the Fed is waiting to see if Tony Stark and Co. can sell enough tickets to keep consumerism on course (I mean, the Fed’s got to be full of comic book nerds, right?).
