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Two questions after Fed extends 'Twist'

Jun 21 2012  Michael Mackenzie, the FT's US markets editor, says the US Fed exceeded modest expectations of a three-month extension to its 'Operation Twist' by continuing its bond sale and buyback plan until the end of the year - beyond the election cycle. Two questions remain: what will the weak economic outlook mean for markets? And what are the chances of a QE3?  (2m 30sec)
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Produced by Christopher Booker. Additional footage from Getty Images.

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