Global shares, euro firm ahead of Fed decision

by Blog Burger on June 20, 2012

Traders look at computer boards at the stock exchange in MadridLONDON (Reuters) – European shares and the euro edged higher on Wednesday, with investors waiting to see if the U.S. Federal Reserve will adopt further monetary stimulus to counter faltering economic growth. The Fed will announce its monetary policy decision at 1630 GMT at the conclusion of a two-day meeting, with expectations high that the central bank will extend its bond-buying program dubbed "Operation Twist". The prospect of more liquidity from the Fed had lifted many riskier asset markets on Tuesday, sending the MSCI world share index up over 1. …

Business News Headlines – Yahoo! News

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