The Current Market Sentiment - 5/11/2009
05 November 2009 @ 10:41 am EDT
The Fed has decided yesterday that in spite of the recent improvement of the economic conditions and the better than expected growth rate of the third quarter, the economy is still in need of all of its easing stimulating policy steps further for storing confidence and improving the labor market conditions which can suffer further next year expecting the unemployment rate to get over 10%. The Fed's worries about the employment and this halting recovery were widely expected and there was no a major change in the market as expected.
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