With the Federal Open Market Committee (FOMC) beginning today and the decision announcement scheduled for tomorrow afternoon, the most immediate question facing the markets is if the Fed will launch a third round of quantitative easing (QE3).

One noteworthy individual who has been predicting for several months that QE3 will be announced at the June meeting is Jan Hatzius, chief U.S. economist at Goldman Sachs.  In his latest report to clients, published on Zero Hedge, Hatzius noted that while he expects the Ben Bernanke-led central bank to announce further easing measures, 'the form of the easing is a closer call.'

More printed money will likely flow into Malaysia share market and also Asia market when QE3 launched, inflation will be fly sky high.