-
Jackson Hole and Weak US Data Minimize September Tapering Start
During last weekend’s Jackson Hole annual conference the main topic of discussion was the Fed’s near imminent reduction of its bond buying program. The program spends 85 billion USD a month and is part of the low interest rate environment the Fed created to help the US economy out of a crisis. Growth has been picking up, but the main debate with tapering has been one of timing. End the stimulus too soon and you risk pushing the US back into a recession. Ben Bernanke was a notable absence this time around. His heart might not be in it as he will not be the Fed’s chairman come next year. The high stakes of ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Aug 26, 2013 4:27pm Aug 26, 2013 4:27pm
- Guest
- | IP XX.XX.20.210
- Comment #2
- Quote
- Aug 26, 2013 4:48pm Aug 26, 2013 4:48pm
- PA is King
- Joined Jun 2013 | Status: Member | 2571 Comments
- Comment #3
- Quote
- Aug 26, 2013 4:57pm Aug 26, 2013 4:57pm
- goldfinger
- | Membership Revoked | Joined Oct 2007 | 234 Comments
- Comment #4
- Quote
- Aug 26, 2013 5:44pm Aug 26, 2013 5:44pm
- Greener
- | Joined Jan 2010 | Status: Member | 667 Comments
- Comment #5
- Quote
- Aug 26, 2013 6:37pm Aug 26, 2013 6:37pm
- Guest
- | IP XX.XXX.248.89
- Comment #6
- Quote
- Aug 26, 2013 7:19pm Aug 26, 2013 7:19pm
- holmes
- | Joined Jun 2010 | Status: Member | 306 Comments