At 2:30 p.m. ET today, the Federal Reserve Chairman is hosting a press conference on the fate of interest rates.
Here are some key things to watch for:
- The fed has been buying bonds at $85B/month. Will the fed taper off this quantitative easing (QE)? If so, how much?
- What are the implications of the risk of a liquidity squeeze in China?
- How will QE tapering effect the gold markets?
- What impact will QE tapering have on the rest of the world? There’s speculation emerging markets like South Africa may be at highest risk.