Will US Federal Reserve ease back on stimulus?

"A small taper seems to be what the market is expecting"



Eyes across the globe will be trained on Washington on Wednesday as the Federal Reserve concludes its two-day meeting.

US Federal Reserve chairman Ben Bernanke is expected to announce an end to the central bank's extraordinary stimulus efforts.

Fed watchers believe that the bank will begin to slow down its purchase of $85bn of bonds monthly.

This would indicate that Fed officials think the US economy is back on track.

Read more... Markets have been primed to expect a slowdown in the bank's efforts at quantitative easing