TraderWise

Will last Fridays headline print and payroll revisions arm twist Ben and his colleagues to re-introduce bond buying this afternoon? As late as last month, the Fed indicated that it was ‘not’ ready to take any action in the ‘near term’ to adjust its open market operations. That being said, policy makers assessment that the ‘economic outlook remains unusually uncertain’, coupled with the recent weak US data in housing and manufacturing, have fueled speculation within Capital Markets that the Fed could take steps as early as today to spur economic growth.