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1.Market Observations

22 Nov 2013 (AFR) – Fed indicates the end of QE is in sight – Markets get ready for US taper

(22 Nov 2013, AFR, p22, Vesna Poljak and Bianca Hartge-Hazelman)

‘The United States Federal Reserve has given the strongest indication yet that it is ready to reduce its massive stimulus program, paving the way for fresh policies to offset the consequences of its retreat from the $US3 trillion ($3.22 trillion) quantitative easing experiment.’

‘Minutes of the Fed’s latest meeting held at the end of October reveal the ­central bank is open to alternative ideas to support the world’s biggest economy as it adjusts to an imminent reduction in stimulus.’

Read more at AFR.com (might need AFR login access)

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