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The Fed is due to release a statement outlining its views on policy and the economy at about 1630 GMT, followed by a news conference by Fed Chairman Ben Bernanke, who is likely to be peppered with questions on the chances of more easing
market investors will look at the Federal Reserve's statement, forecasts and Fed Chairman Ben Bernanke's news conference on Wednesday to assess the prospects for a third round of quantitative easing, particularly one that would involve reverse repos that could boost supply of short-term stock market instruments.
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