Hopes High for More Quantitative Easing – Dollar Weaker
August 09, 2011 at 09:33 AM EDT
Tuesday’s FOMC statement will be closely watched to see what the world’s largest central bank might have up its sleeve to make investors’ pain magically disappear. But with central bankers around the world recently carrying out various forms of intervention even before global stocks fell for a second day, one wonders what tricks are left. [...]