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The Fed Just Doens't Have Enough Data to Make a Decision on Tapering

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Smaulgld
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The Fed Just Doens't Have Enough Data to Make a Decision on Tapering

The Fed needs to see more data on macroeconomic performance for the second half of 2013 before making a judgment” Federal Reserve Bank of St. Louis President James Bullard’s pretty vacant explanation about the pace of its $85 billion-per-month program of bond buying.

After talking taper for months it should now be clear what we have been saying here for months- the Fed has no exit strategy. See the Smaulgld.com string of articles tagged Fed exit strategy

How much more data do they need to realize failure?

http://smaulgld.com/never-mind-the-bullards/

Edited by admin on 11/08/2014 - 06:01

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