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Four Charts to Track Timing for QE3 Tapering
We now have data to update all four charts that I'm using to track when the Fed will start tapering the QE3 purchases. At the June FOMC press conference, Fed Chairman Ben Bernanke said: "If the incoming data are broadly consistent with this forecast, the Committee currently anticipates that it would be appropriate to moderate the monthly pace of purchases later this year. And if the subsequent data remain broadly aligned with our current expectations for the economy, we would continue to reduce the pace of purchases in measured steps through the first half of next year, ending purchases around midyear. In this ... (full story)
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- Aug 4, 2013 1:03pm Aug 4, 2013 1:03pm
- lumesh
- | Joined Apr 2007 | Status: Member | 285 Comments
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- Aug 4, 2013 3:50pm Aug 4, 2013 3:50pm
- forexsaint
- Joined Jun 2009 | Status: <-That's how u gonna b, in the END! | 24 Comments
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