QE3 and FOMC: What the Street Thinks

By Paul Vigna

Reuters

Today the lights are almost certain to go dark on the market’s favorite letter/number combination: QE3.

The Federal Reserve’s rate-setting committee, the Federal Open Market Committee, concludes its two-day meeting this afternoon, with a policy statement but without a press conference. The biggest takeaway is the widely expected announcement that the …read more

Source:: MoneyBeat

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