Joined Nov 11, 2007
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Wall Street Now Almost Certain Fed and ECB Will Act

“Markets now overwhelmingly expect significant action from the U.S. and European central banks, according to the latest CNBC Fed Survey.

In the survey of market participants, 89 percent said they believe the European Central Bank will purchase more sovereign debt and 78 percent said they expect the Federal Reserve to undertake additional quantitative easing.”

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