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Forex: Will the ECB follow the Fed? – Capital Economics

By FXstreet.com,  September 18, 2012, 02:18:00 AM EDT

FXstreet.com (Barcelona) - The team at Capital economics feel that with the launch of QE3, the Federal Reserve has clearly trumped the ECB's conditional pledge to make sterilised bond purchases.

They note that "similar action is warranted in the euro-zone and technically feasible. But the inflation fears of the Bundesbank, in particular, are likely to mean that it is a long time coming."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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