Up until Cyprus erupted into the scene, the Federal Reserve had been the main protagonist in the market. On Wednesday, the Fed will conclude its latest two-day FOMC meeting, releasing a statement where it will reaffirm its commitment to quantitative easing and ultra-loose monetary policy, according to Goldman Sachs’ chief economist. The market can continue to bank on the Fed’s asset purchases until the third quarter of next year, while interest rates should remain at the zero-range until early 2016, Goldman’s research team said.
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