Fed decision won't hurt Thai bourse, say experts | Bangkok Post: business

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Fed decision won't hurt Thai bourse, say experts

  • Published: | Viewed: 1,426 | Comments: 1
  • Newspaper section: Business
  • Writer: Oranan Paweewun
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The Thai stock market is not likely to fall below the psychological 1,300-point level even in the worst-case scenario of the US Federal Reserve tapering its monthly asset purchases by more than $15 billion, say analysts. 

Economists are divided on the size of the reductions.

Most expect the Fed will begin paring its US$85 billion in asset purchases each month by $10-15 billion, while others believe reductions will start at year-end.

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