четверг, 15 марта 2012 г.

ECB, Bank of Japan keep wary eye on Fed

LONDON (AP) — The U.S. Federal Reserve is poised to pump more dollars into the U.S. economy, casting a long shadow over imminent decisions by other big central banks wary about what the Fed's move might do to the dollar.

The European Central Bank, the Bank of England and the Bank of Japan all hold meetings this week, amid concerns the Fed's monetary injection may send the dollar down against the euro and the yen, potentially holding back exports and harming the shaky recoveries in Europe and Japan.

While Jean-Claude Trichet, head of the European Central Bank, has voiced his concern about excessively volatile exchange rate shifts, it is the Bank of Japan that is particularly …

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