RBS expects another round of quantitative easing

Emil Wolter, Head of Regional Asian Equity Strategy at RBS expects to see another round of quantitative easing.

The Federal Reserve, on Tuesday, said it will keep its hefty monetary policy stimulus for at least another two years. This, it said, was part of its effort to support a flagging economy and fragile global markets that faced considerable internal dissent. After the announcement, the US equity markets witnessed its best single session gain in last two years amid huge volatility.