This week’s Federal Reserve policy meeting is likely to top all other major events and economic data in Asia, as investors wait to see if the central bank undertakes a much-anticipated scaling back of its monetary stimulus.
The Fed meets on Tuesday and Wednesday, and many strategists expect the U.S. central bank to begin paring back its $85 billion monthly bond buying.
What does that mean for Asian markets? Well, analysts say that depends on just how much the Fed tapers its monthly asset purchases.
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