Soldiers Burden: More Fed monetary easing likely on Thursday: Reuters poll
NEW YORK (Reuters) - Odds are mounting that the Federal Reserve could take action as soon as Thursday to energize a U.S. economy that is struggling to gain momentum in the face of a lackluster labor market and uncertain fiscal policy, according to a Reuters poll.
Economists lowered their forecasts for third-quarter growth to 1.7 percent at the same time as they ratcheted up the odds of a third round of bond buying from the Fed to 65 percent from the 60 percent chance that was seen as recently as August's poll.
Such an announcement was likely to come as early as Thursday when the central bank's policy-setting committee concludes a two-day meeting, the poll found. Of the 51 economists who put the chances of quantitative easing, or QE3, at greater than 50 percent, 39 expected the Fed to act this week.
[cruiser] The United Nations General Assembly Start on Sept. 18 2012. Let me correct myself
[ken153] cruiser will they have it done prior or at the UN asembally
[geterdone] bluwolf so do you know if there is any truth to the UN having Lagarde stop it for some reason?
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bluwolf] SMOKE SHE HAS NO JURISDICTION WITH THE UN
[cruiser] ken153 what done?
[ken153] cruiser CE
[cruiser] ken153 do not know. If Iraq expects to be out of chapter 7, then need it done, just like we do.
[cruiser] This is not a one day meeting. This goes on for a couple of days, maybe even a week.
[moonchild] cruiser do we know beyond any reasonable doubt that the RV has to precede Iraq being released from Ch 7?
[cruiser] moonchild That was has been stated all along. Plus I think there is documentation(it has been shown from time to time ) that shows it
[windhawk] bluwolf how can you say in recaps that the Forces to be have failed to hold the RV up. when it sure lookes like someone is holding up the RV.. It hasn't happned yet. has it???
[bluwolf] windhawk IT IS A MATTER OF LOGISTICS FRIEND NO HOLD UPS WHAT SO EVER..
[windhawk] bluwolf logistics???? That, I am afraid, is no answer. Logistic is just timing. .. Timing can happen anytime. or never..
[okrocks] Maliki meets Obama in New York to remove Iraq from Chapter VII Departing for Iraq to the United States Prime Minister Nuri al-Maliki to Tros Iraq's delegation to the General Assembly of the United Nations, to be held next week in New York.
[Tradewind] cruiser but to even start the talks you would think they would of done the RV to show good faith
[cruiser] Tradewind Iraq is not the only thing on the UN agenda
[myprayerrealized] cruiser I would imagine that there are many actions that had to be completed prior to Chap 7 being included on the agenda. Do you agree?
[cruiser] myprayerrealized We can assume, but none of us are in those meetings.
[chrivers] We keep forgetting, that many countries have a stake in this venture and it has def been a ride, but for this to display itself in all it's grandeur, every loose end has to b tied, and we’re seeing this!!
[okrocks] Maliki will also include the word, according to the source, a statement Iraq fulfill its obligations towards the international resolutions concerning Kuwait, and there is no real justification for the survival of Iraq under Chapter VII of the UN Charter.
[bluwolf] FOLKS PLEASE REMEMBER THAT TIMING IS HOW THE WORLD WORKS,,THERE IS NO BUT IF ABOUT IT,,THIS IS A 195 NATION INTERNATIONAL RELEASE AND YOU MUST LEARN TO THIS STATEMENT AS A HOLD..
[okrocks] Prime Minister Nuri al-Maliki received today Deputy US Secretary of State William Burns and his accompanying delegation. An official source said to NINA : " The meeting dealt with bilateral relations and the latest developments in the region without giving further details
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