Fed watchers say the Fed is unlikely to change the language in its statement about keeping rates low for a "considerable time." That was the focus of speculation last month, as was the idea that it could alter the language about labor market conditions.
Nandan Chakraborty, Managing Director, Institutional Equities at ENAM, in an interview with CNBC-TV18’s managing editor Udayan Mukherjee sees the first half of 2011 as a major test for the Indian market, in terms of politics, the Fed’s QE program and capex.