During the previous week, markets lived through one more period of euphoric growth. On 18 September, Chairman of the US Federal Reserve System (FRS) Ben Bernanke announced that the Government would not taper repurchases of government securities in the near future. Moreover, the central bank in the US significantly softened the conditions for
closing the incentive program. In particular, the earlier voiced targeted unemployment indicator at 7% will no longer be viewed as the main indicator of stabilization in the economy. The current position of the Government implies that the decision on closing the quantitative easing program will be made based on a number of economic indicators.
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