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TOKYO – Asian stock markets were higher Monday as lackluster U.S. growth figures reinforced expectations the Federal Reserve will pump more money into the world's biggest economy.

American gross domestic product grew just 2 percent at an annualized pace in the three months through September, slightly faster than the previous quarter but not enough to bring down unemployment, which is hovering near 10 percent.

The weak showing underlined expectations that the Fed policy meeting ending Wednesday will announce a Treasury bond buying program, known as quantative easing, to inject more liquidity into the economy.

Hong Kong's Hang Seng index was up 1.8 percent at 23,520.75, South Korea's Kospi rose 1 percent to 1,901.81, and Australia's S&P/ASX 200 gained 1 percent to 4,701.50.

China's Shanghai Composite Index added 1.7 percent to 3,029.33.

Japan's benchmark Nikkei 225 stock average bucked the trend, falling 0.2 percent at 9,186.30.

Markets in Singapore, Taiwan and Indonesia were higher.

The Dow Jones industrial average on Friday rose 4.54, or 0.1 percent, to close at 11,118.49. The Standard and Poor's 500 Index fell 0.52, or 0.1 percent, to 1,183.26.

Despite the soft finishes, both U.S. indexes were up over 3 percent for the month.

In currencies, the dollar rose to 80.66 yen from 80.31 yen. The euro rose versus the dollar to $1.3981 from $1.3945.

Benchmark crude for December delivery was up 40 cents at $81.81 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 75 cents to settle at $81.43 on Friday.

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Economists said the pressure on the Bank nine-strong monetary policy Committee (PPC) to make a move on quantitative easing (QE) has eased after growth was twice as fast as the forecast for the third quarter.

0 8Pc expansion guest analysts predictions MPC members vote in favour of EQ plus - purchase of assets with the newly - printed money when they meet the scrap Thursday.

At the last meeting of the Commission have emerged a rare three-way split as Adam Posen voted to extend the EQ program ￡ 200bn ￡ 50 billion, having argued the need to repel the low growth and high unemployment rate.

The move he opposed his colleague Andrew Sentance, reiterated his call for a 0 25pc higher rates of interest, while other members voted for change.

Meeting of November was regarded as a likely sympathetic pointfor to the position of Mr Posen all members to vote accordingly, as a quarterly inflation Bank is in a short time.

All decisions of EQ - except the first - have been taken in the months when the PPC was the latest inflation data, economic capital analysts noted.

However, "the resilience of the growth of GDP seems put any resumption of EQ by the Bank of England on the back burner for now at least," said Howard Archer, an economist at IHS Global Insight.

Neither the majority of the MPCs hastily to tighten conditions by increasing the rate of interest, he added, will have the wind still facing the economy, such as reductions in government spending and the pressures on consumers.

Chambers of commerce UK (BCC) said that, despite predictions of economists, the Bank of England needed to maintain

"" expansionist"political."Ppm may be reluctant to increase immediately quantitative easing program, but it remains highly desirable to consider an increase of ￡ 250bn in the coming months, said David Kern, Chief Economist at the ICC.

"Even though growth was stronger than expected in the third quarter of 2010, the economy is facing serious threats next year."

Unlike United Kingdom, the dollar has weakened the expectations that the u.s. Federal Reserve will be on Wednesday announced a second round of EQ as $500bn (￡ 314bn), up to 1.2 trillion dollars already terminé.La Fed has even asked dealerships liaison for estimates of how purchases of assets that may affect yields, it attempts to assess the impact of the more relaxed.

Week last credit agency standard & Poor revised its Outlook for the United Kingdom to "stable" to "negative".

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"Currently, it is not clear if the next step with active purchasing program is more likely to be to sell the assets back or buy more," said Paul Fisher, Executive Director of the bank market. "The Bank is prepared to be."

Program of the Central Bank UK pumping money into the economy by goods already buy stands to 200bn ￡.Mr. Fisher said he believed quantitative easing (QE) proved to be "very successful" in its immediate objectives, commenting that deflation "now seems less likely for."

Speculation as to whether if the monetary policy Committee (MPC Bank) vote for easing has intensified in the midst of the recent data suggesting that the economic recovery slowdown.

MPC colleague Mr. Fisher Adam Posen recently argued the case of the stimulus more to avoid a "lost decade" of deflation and the unemployment rate similar to that experienced by the Japan in the 1990s.

Member of the Committee however another, Andrew Sentance, this week stated that the Bank should fight against inflation, which was constantly above target, if it wants to maintain credibility.

The US Federal Reserve Chairman Ben Bernanke said Friday that with high unemployment and low inflation, there was a case to continue stimulating the u.s. economy.

He said in a speech at the Federal Reserve Bank of Boston that the Fed must weigh the risks of a Council of Treasury-purchase program and how debt purchases could be stimulated.

Fed policy makers should widely announce a treasure purchase program for their next meeting for two days beginning on November 2.

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