Fed to maintain aggressive policy stimulus amid soft data

Via Alister Bull WASHINGTON (Reuters) – The Federal Reserve is anticipated to take care of its huge bond-shopping for marketing campaign when it concludes a two-day meeting on Wednesday and may just point to softer readings on the U.S. economy to signal that the policy will probably be extended into 2014. The crucial financial institution, so as to announce its policy choice at 2 p.m., has held interest rates near zero considering that late 2008 and has quadrupled the scale of its stability sheet to greater than $three.7 trillion via three rounds of bond shopping for. The purchases are geared toward holding down longer-time period borrowing costs. …