NEW YORK/SAN FRANCISCO, April 3 (Reuters) – Investors trying
to assess when the Federal Reserve will start to trim its
economic stimulus via massive asset purchases would do well to
track any progress Washington makes in reaching a budget deal.
While the Fed’s public focus on the U.S. jobs market has
drawn the most scrutiny, fear of fiscal austerity was a major
reason the Fed embarked on the current round of bond buying that
injects money into the economy and keeps longer-term interest