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8 Oct 2013
Flash: QE3 exit is going to be delayed?
FXstreet.com (London) - Research teams at BBH said the partial shutdown of the US government and the political impasse remains the most important factor for markets.
Key Quotes:
“Many are also recognizing that the longer the government is closed, the more likely that the Fed's exit strategy from QE3 is delayed”.
“The recent string of non-government data, including the ADP jobs estimate, auto sales, and consumer confidence all softened from the previous reports”.
Key Quotes:
“Many are also recognizing that the longer the government is closed, the more likely that the Fed's exit strategy from QE3 is delayed”.
“The recent string of non-government data, including the ADP jobs estimate, auto sales, and consumer confidence all softened from the previous reports”.