Fri, Jan 10, 2014 - 9:58am
Here they go again! Outgoing Federal Reserve Chairman Ben Bernanke, Incoming Fed Chair Janet Yellen, and a few regional Fed Presidents have been making the rounds explaining their recent decision to taper quantitative easing - the Fed's $85 billion a month bond buying program.
The theme from the Fed, whether hawk or dove, was the tapering of QE would continue.
The Fed thinks that real estate, the stock market and the economy will do just fine without QE as long as THEY keep interest rates low.
Here is a summary of what the Fed members have been saying recently
Edited by: Smaulgld on Nov 8, 2014 - 5:01am