June 19 - Traders are hungry for more Fed stimulus when the central bank ends its policy meeting. If they don't get it, equities are set for a sharp fall, according to Reuters U.S. Markets Editor David Gaffen.
What might be more twist and shout -- the -- wraps up its two day policy meeting expect a statement at 1230 which will include forecast on GDP unemployment inflation and interest rate projections. Fed Chairman Ben Bernanke then think of the press at a news conference at 215. Murders correspondent mark felt the balls that don't hold out for more QE. I'm more likely alternative to full on quantitative easing round three. I think would be some kind of extension of the Operation Twist portfolio rebalancing program. That program expires at the end of the month they've got to do something about it. Rather than letting it expire in reviving it I think that would be a modest way of continuing their accommodative stance. I think it would save for long QE3 for real deterioration in the outlook. In the meantime investors are betting on more stimulus from the Fed which happened boosting stocks. There's -- US markets editor David GAAP and on what to keep an eye out for. The stock market basically is just sort of like a two year old child that wants more candy. And the Federal Reserve is kind of like Willy Wonka in that situation so if it gets its candy. Then does stock market might sell off just a little bit with it had a nice rally in recent days. The real problem will be is if they don't into Pittsburgh says nothing that there's still planning things. All in the market myself quite a bit and have a sort of hissy fit that list a couple of days as a result of not getting what it wanted. We'll check of the bosses of corporate America are still hiring when the business roundtable releases its latest CEOs survey. Outlook has been improving in the last two quarters and march 42% of CEOs said they were ready to idle workers. The group's members employ some fourteen million people and generate six trillion dollars -- annual revenue. And there could be potential movement on micron when it reports after the close star mine says the chipmaker. Have a high chance of actually -- to meet estimates by two cents. Specter is currently being hit by -- PD sales and depressed chip prices. And some images that might make the papers on Wednesday the police are in full force in England but fashion police that is. These dress code assistants are roaming around the first day of the royal -- got a horse race looking for people who might be breaking strict dress codes in the meantime that's not stopping some rather funky and outlandish -- pieces being worn by ten dean cats are free from the rule. Off to the woman wearing the union Jack. More coverage be sure to follow us on Twitter -- Reuters Insider also check out our TV channel at -- dot com slash players -- I'm Heidi mom this is writers.