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An end to QE and what else from the Fed?

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The FOMC is expected to announce an end to its QE programme when it releases a statement later on Wednesday. The Chairman of Saxo Capital Markets, Nick Beecroft, is also anticipating the Fed to reiterate its commitment to keeping interest rates low for a 'considerable time'.
He explains how all this could affect the markets and also what to watch for if the Fed's statement appears to be more 'hawkish'.