Wall Street looks for Fed to continue asset purchase through 2013: Reuters poll

NEW YORK: Wall Street expects the Federal Reserve to continue its program of debt purchases through 2013 in an effort to prop up the economy despite evidence of an improved job market, according to a Reuters poll conducted on Friday.

All of 15 primary dealers - the large financial institutions that deal directly with the Fed - said they expect the central bank to continue buying debt until at least late this year, and nine of the 15 expect the buying to continue into 2014.