The Traderszone Network

Published in TZ Latest News 27 October, 2014 by The TZ Newswire Staff

Asian shares drift lower, Fed meeting awaited

The Fed is expected to announce the completion of its quantitative easing program after a two-day meeting starting later in the session and will likely reinforce its stated willingness to wait a long while before hiking interest rates after a volatile month in financial markets. “With the end of the asset purchase program a foregone conclusion, speculation is once again mounting about the movement of interest rates,” said Evan Lucas, market strategist at IG.

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