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Dollar Weakening in Anticipation of Federal Reserve Decision

September 21, 2010 by Alyssa Anderson in Business, News and Media

On Tuesday, September 21st the dollar slipped in value as a cautionary measure taken by traders in anticipation of a possible decision by the Federal Reserve Board to implement additional monetary easing after their Tuesday policy meeting.Already under pressure from past quantitative easing, (QE), money traders are speculating that the Fed will decide to feed the economy another dose of QE medicine in order to stimulate the weakening economy into at least the beginning of a much needed economic recovery.

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About Alyssa Anderson

Alyssa Anderson has been involved in the world of business on several levels for many years. She was the CEO of a start-up high-tech company until its purchase by a global on-line e-business. Alyssa helped formulate marketing strategies for several other companies as an independent consultant, and she has advised local government on methods to achieve appropriate fiscal responsibility. Her opinions are well known through her many editorials which have been published throughout her career in a variety of local and national print media. She has been heard on radio discussing current issues affecting the business community and Alyssa hopes to bring her special brand of commonsense coupled with uncanny insight into her editorial responsibilities as the Business Page editor for Left Justified. Contact Alyssa at alyssa(at)leftjustified.com.

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