Profit

Markets expect Fed to ease bond-buying by $10-15 billion: Sanjiv Shah

PUBLISHED ON: September 17, 2013 | Duration: 5 min, 18 sec

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As the Federal Reserve begins a policy meeting at which it may decide to reduce its monthly bond purchases, Asian and European stocks have lost some ground, dollar has firmed up and emerging market currencies have drifted lower. Sanjiv Shah, Director of Sun Global Investments tells NDTV Profit that the market expects the Fed to taper its quantitative easing bond-buying program by $10-15 billion. He feels that would be the most prudent policy option for now.
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