The start of a meeting of the Finance Committee of the U.S. Federal Reserve

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GMT 14:58 2014 Althelaúa July 29 : Last Update

The start of a meeting of the Finance Committee of the U.S. Federal Reserve

 

Finance Committee began in the U.S. Federal Reserve in Washington Tuesday meeting of the two is expected to decide where to keep the key interest rates unchanged and continue to reduce its financial support.

 

A spokesman for the financial institution, which carries out the central bank on Tuesday that "monetary policy committee began its meeting at 10.00 (14.00 GMT) as scheduled."

 

The Commission will issue a statement at 18:00 GMT. This meeting, which was chaired by Janet Yellen will be followed by a press conference by the President of the Federal Reserve.

 

Most analysts expect the Fed to continue to lower it to slow purchases of assets in order to support the economic recovery. It also is expected to cut ten billion dollars of purchases of Treasury bonds and mortgage securities it back to 25 billion dollars a month. As interest rates are expected to remain unchanged ie close to zero.

 

Will be published in the U.S. government also appreciated the first Wednesday of growth during the second quarter, while analysts are counting on the record jump by 3.2% after a severe contraction recorded in the first quarter (-2.9%).

 

Will be published as well as the Department of Labor Friday figures relating to the labor market for the month of July, which is the subject of intense anticipation.