The Business Networks will be covering this afternoon's statement from the Federal Reserve in great detail, to see if the United States will follow the UK's lead and use quantitative easing (printing money) in order to try and stem the financial crisis.  Of course there are other options open to the Fed, such as expanding the TALF (Term Asset-Backed Securities Loan Facility).  Both investors and the markets alike are awaiting the decision which will be carried live by the biz nets at 14:15 ET (18:15 GMT).

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