Saturday, March 22, 2014

Fed removes goal post

Of course, as mentioned before, they need new excuses to continue printing.

They've changed policies over 10 times in the past few years. Watch out for a reversal of QE-tapering or a new QE program in the later part of this year.


The Federal Reserve gave itself room to keep borrowing costs low at least until next year by dropping a linkage between the benchmark interest rate and a specific level of unemployment:
http://www.bloomberg.com/news/2014-03-19/fed-links-rate-outlook-to-range-of-data-drops-6-5-threshold.html

No comments:

Post a Comment

 
Web Statistics