Fed move built in to markets: Sarah Hewin
The Fed's increase in its asset purchase programme was more or less expected by the markets, says Sarah Hewin of Standard Chartered. She adds that while the Fed's move to link rate guidance to the unemployment rate is important, it does not change the view on US interest rates for now. Sarah adds that the markets are also watching the ECB and trying to judge whether the European regulator would be willing to cut rates in January.
