2012 Trends - FED: Drives stocks & Gold Down by Micron Associates
NEW YORK (Reuters) – U.
S Central Bank meeting presented that the policymakers may be less willing to
launch further stimulus.
The world stocks go down and gold prices were dropped to 2...
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2012 Trends - FED: Drives stocks & Gold Down by Micron Associates
NEW YORK (Reuters) – U.
S Central Bank meeting presented that the policymakers may be less willing to
launch further stimulus.
The world stocks go down and gold prices were dropped to 2 percent on
Tuesday as it was being showed in the said meeting.
The dollar rose 1 percent next to yen, while safe-haven bonds slid.
In the March meeting minutes of the Federal Reserve policymakers, they noted the current signs of
somewhat better growth; however they remained guarded about the broad pick-up in the U.
S economic
activity.
Meanwhile, the minutes commend to have another dose of stimulus through quantitative
moderation, so-called QE3 which has eased.
The Chief investment officer of First Citizens Bancshares in Raleigh, North Carolina, who helps oversee
$21 billion in assets, Eric Teal said that “There have been signs of strong manufacturing and
employment.
As Fed is taking a marginal wait-and-see approach a lot of investo
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