"They can't have the current level of bond buying come to an end with all the uncertainty of the fiscal cliff just around the corner," said Greg McBride, senior financial analyst at Bankrate.com.The Fed's meeting coincides with negotiations between Congress and President Barack Obama over a budget deal to avert the fiscal cliff. The talks are focused on Obama's push to raise tax rates for the top 2 percent of income earners. Most Republicans are resisting such a move.
Fed Is Expected To Launch New Bond Buying Program
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