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U.S. Day Ahead: Focus on the Fed’s jobs forecast

Tuesday, March 19, 2013 - 02:22

Mar 19 - The Fed's unemployment projection will be key when it releases its latest policy decision on Wednesday, according to Reuters Economics and Markets Editor Dan Burns.

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Investors weighing their next big move just to scour the latest statement from the Fed after its policy meeting. With US growth still tablet German Ben Bernanke is likely to keep his foot on the gas pedal and maintain that 85 billion dollars a month with the bond buying. We'll also get updated -- projections on the future of the economy and interest rates pay attention to its outlook on the unemployment rate. Back in December they forecast to rain seven point four to seven point 7%. Now we've already achieved the up front of that van with -- big two tenths of a percent probably saw in the latest report. But remember that was driven by -- lower labor market participation rate. General inaudible are signs that we'll see if they nudge it lower than they've really given some credence to the strength that labor market. And that's statement will be followed by news conference from Bernanke want that lie behind -- at 2:30 PM eastern. -- get another chance to take the pulse of the economy went -- reports earnings. The second largest US package delivery company is set to seize profits shrink from a year ago. Partly on higher jet fuel costs but analysts say the -- obviously airfreight business FedEx Express. Sterne -- estimates actually growth mid to high single digits especially in Asia and emerging markets. US essentially flat power FedEx shares up nearly 17% since the beginning of the year. Expect more signs the housing recovery went well not reports results the home builders had to see higher profits and sales and a strong jumping new orders. Barkley says you -- on here that should grow by 30% in markets like what they see when our shares are up nearly 57%. Over the last year. Should corporate America steered clear of Washington. Start of shareholders vote on proposal to prohibit any campaign contributions. Were forming a political action committee. The company's board says that the move would hurt its ability to educate elected officials about its business and also to deliver long term value to investors. Starbucks has not made any direct political contributions over the last three years but it's paid dues to trade organizations that -- Follow us on Twitter Reuters Insider and get more of our great videos that Reuters dot com slash Reuters TV. While the latest on the troubled cyberspace not. What do means for the eurozone recovery and how it will hit the market. I'm -- I'm Alan this is one.

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U.S. Day Ahead: Focus on the Fed’s jobs forecast

Tuesday, March 19, 2013 - 02:22