Shares struggle as Fed points to end of QE

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Minutes from the latest Federal Reserve meeting suggesting its quantitative easing programme could end sooner than expected have hit equity markets overnight.

The minutes, published yesterday, show commitee members divided over continuing with quantitative easing past mid 2013. The central bank said "several" members thought purchases should be concluded before a planned end-date of 31 December 2013, suggesting "the benefits of ongoing purchases were uncertain and...

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