Thu, 26 Sep 2013 14:38:04 GMT
Fed is about to lose face if tapers in October
The Federal Reserve is considered to lose face, if decides to
taper in October after its unexpected decision in mid-September, yet experts
consider stimulus cut plausible. Alongside investors' ambiguity around the Fed asset
purchasing program, the central bank's promise of close-to-zero rates may harm
confidence in future economic growth and hurt economic activity today.