-
IMF staff: Fed should not taper until next year
The Federal Reserve should maintain its $85 billion-a-month asset purchase plan into early next year, given the weak growth outlook, according to the International Monetary Fund's staff assessment of the U.S. economy released on Friday. The IMF staff has forecast only a 1.7% annual growth rate for the U.S. economy in 2013, well below the Fed's forecast of a 2.3%-2.6% rate. Many analysts think that the odds are high that the Fed will slow down the pace of its asset purchase program in September. The IMF said that the benefits of the Fed's quantitative easing continue to outweigh the costs. But it added the central ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 26, 2013 10:37am Jul 26, 2013 10:37am
- Guest
- | IP XXX.XXX.65.3
- Comment #2
- Quote
- Jul 26, 2013 10:42am Jul 26, 2013 10:42am
- kranti
- | Joined Feb 2013 | Status: Member | 245 Comments
- Comment #3
- Quote
- Jul 26, 2013 11:00am Jul 26, 2013 11:00am
- agd108
- | Joined Apr 2009 | Status: Member | 10 Comments
- Comment #4
- Quote
- Jul 26, 2013 11:05am Jul 26, 2013 11:05am
- Greener
- | Joined Jan 2010 | Status: Member | 667 Comments
- Comment #5
- Quote
- Jul 26, 2013 11:10am Jul 26, 2013 11:10am
- ali awan
- | Additional Username | Joined Jun 2013 | 429 Comments
- Comment #6
- Quote
- Jul 26, 2013 11:11am Jul 26, 2013 11:11am
- cichy
- | Joined Aug 2011 | Status: Proud dad | 283 Comments
- Comment #7
- Quote
- Jul 26, 2013 11:11am Jul 26, 2013 11:11am
- agd108
- | Joined Apr 2009 | Status: Member | 10 Comments
- Comment #8
- Quote
- Jul 26, 2013 11:12am Jul 26, 2013 11:12am
- Trader88q
- | Joined May 2012 | Status: Member | 339 Comments
- Comment #9
- Quote
- Jul 26, 2013 11:14am Jul 26, 2013 11:14am
- ajsingh
- | Joined Jul 2012 | Status: Member | 11 Comments
- Comment #10
- Quote
- Jul 26, 2013 11:18am Jul 26, 2013 11:18am
- ali awan
- | Additional Username | Joined Jun 2013 | 429 Comments
- Comment #11
- Quote
- Jul 26, 2013 11:26am Jul 26, 2013 11:26am
- Oj_Jakarta
- | Joined Mar 2008 | Status: Member | 74 Comments
- Comment #12
- Quote
- Jul 26, 2013 11:28am Jul 26, 2013 11:28am
- ali awan
- | Additional Username | Joined Jun 2013 | 429 Comments
- Comment #13
- Quote
- Jul 26, 2013 11:48am Jul 26, 2013 11:48am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments | Online Now
Carbon-Dioxide: the gas of life!
- Comment #14
- Quote
- Jul 26, 2013 12:10pm Jul 26, 2013 12:10pm
- Yao
- | Joined Aug 2011 | Status: Member | 669 Comments
- Comment #15
- Quote
- Jul 26, 2013 12:12pm Jul 26, 2013 12:12pm
- Guest
- | IP XX.XXX.245.160
- Comment #16
- Quote
- Jul 26, 2013 4:09pm Jul 26, 2013 4:09pm
- The Fool
- Joined Apr 2009 | Status: Live and learn. | 1464 Comments
"If The Fool persists in his Folly he will become wise." - William Blake