NEW YORK, Sept 28 (Reuters) - The U.S. Federal Reserve is
preparing a fresh round of quantitative easing measures to
battle lackluster economic performance, hedge fund advisor
Medley Global Advisors said in a report on Tuesday, a market
sourcetold Reuters.
"Fed leadership has all but run out of patience with
economic data it believes is not propelling the U.S. recovery
sufficiently to dent the unemployment rate. The FOMC will work
through the next couple of weeks to prepare additionaleasing
measures to announce at the end of its Nov. 2-3 meeting," the
source said, reading directly from the report.
The Federal Open Market Committee is the U.S. central
bank's monetary policy-setting body.
Hannah Little, a spokeswoman forMedley, would neither
confirm nor deny the firm had issued the report, titled "Fed:
Bait and Switch", citing the firm's subscription policy.
(Reporting by Daniel Bases; Editing by James Dalgleish)
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Keywords: USA FED/MEDLEY