Fed unlikely to increase QE says Merrill Lynch

Bond investors can expect the US Federal Reserve not to increase its quanititave easing commitments, ...

Bond investors can expect the US Federal Reserve not to increase its quanititave easing commitments, following a series of meetings this week, according to Merrill Lynch. Europe Middle East and Africa (EMEA) CIO at Merrill Lynch Global Wealth Management Bill O'Neill says central banks worldwide are likely to be cautious on cash injections in light of signs of economic recovery. Meanwhile, he claims positive commercial sentiment data from the US and Germany should also give investors confidence in recovery prospects. He adds: "German, along with regional US, business sentiment measures m...