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4 Scenarios for the Fed Decision

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by , 03-12-2012 at 10:39 AM (475 Views)
The FOMC is not expected to make any significant policy changes. While Bernanke is certainly unimpressed from the situation of the economy, he did acknowledge that employment is improving, and the scenario of QE3 has little chances.

What can the Fed do? Here are 4 scenarios and the potential reaction for the US dollar.

First, let’s discuss the little chances of QE3. Employment is part of the Fed’s mandate and it has caused great worries. The fresh jobs report was great, once again. It included a gain of 227K jobs in February, and an additional 61K jobs from revisions of previous data.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/4-scenarios-for-the-fed-decision/"]4 Scenarios for the Fed Decision[/URL][/I][/B]
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