The turbulent response of equity, commodity and emerging markets marks this as a rare, if not singular instance in recent years of markets reacting so negatively to an ostensibly dovish policy signal from the Fed.
According to Adair Turner, the employment rate in the US is very low and the unemployment degree is only coming down because there have been a lot of people discouraged and are completely out of the work force.
After the US jobs data for the month of December came in lower-than-expected , experts believe the US Federal Reserve will hold on to its tapering programe for now but the continuity will depend on the subsequent jobs data going ahead.
Britain's financial watchdog said Barclays frequently argued for regulatory approaches "which are at the aggressive end of interpretation", in a scathing letter to the bank in April that was released on Tuesday.