#1 Wed, Aug 14, 2013 - 5:41pm
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?
https://smaulgld.com/never-mind-the-bullards/
Edited by: Smaulgld on Nov 8, 2014 - 5:01am