the reaction of the market

These officials are most concerned about the present is the reaction of the market, if investors are desperate, the euro is bound to accelerate upward.

"The Fed, sooner or later they will withdraw from unconventional policy, the result is caused by banks and bond market volatility, the same as in 1994." Federal Reserve interest rate increase announced in 1994, the bond market has been devastating never had combat, and the financial sector companies have also been implicated.

At present, it must implement the second round of the Fed easing, there are many open to question. Fed watchers said that some emerging markets, but also including Europe, want the G20 meeting, the United States was able to observe the commitment to avoid competitive devaluations.

Mainstream view is that the Fed easing next week, the expanded size of 5,000 billion, and some radical ideas that in the 2 to 4 trillion range.

Some officials said the expansion of quantitative easing is already a virtual certainty, mainly based on the recent weak economic data.

"Even if quantitative easing is not on the economic stimulus, but better than nothing, they will not sit still at the brink of economic collapse."

Inflation, the Fed would like to see a return to normal levels, but to balance the contradiction between economic growth and has become more difficult.