Today, all eyes will be on Fed's two-day policy meeting. Fed chairman Ben Bernanke will hold a brief press conference after the meeting.
In an interview with CNBC-TV18, David Buick, Partner, BGC, speaks about his expectations from the Fed meeting. Also read: Here's what Aberdeen AMC expects to hear from Fed tonight Below is the verbatim transcript of his interview with Latha Venkatesh and Gautam Borker of CNBC-TV18. Also watch the accompanying video. Q: What are you expecting from this press conference? What will you watch out for? Do you sense it could be atleast signaling the end of quantitative easing? A: I think its ground breaking news, there is no question or any doubt about that. This is the first time that there is going to be a high degree of transparency, as a result of a FOMC meeting. But ofcourse we are not expecting any change in interest rates. People obviously are very concerned about the softness of the dollar. But that isnDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!