Yellen letter #2: ‘Strong majority’ of FOMC believes QE has been effective
From forexlive.com
Yellen comments from a letter dated to Senator Vitter, dated Nov 18: QE purchases are not on a pre-set course FOMC deems that benefits of QE outweighing costs QE helped guard against deflationary pressures Fed aware of potential risks of bond buying Fed monitoring financial markets very carefully Par for the course.
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