Payrolls in U.S. Climb 155,000 as Jobless Rate Holds at 7.8%
Many market participants seemed to emphasize the wrong part of the FOMC minutes. The key take away is not that there is some disagreement among the members about the duration of QE. Instead, the key point is that the Fed is committed to expanding its balance sheet by buying more than $1 trillion of MBS and Treasuries in 2013 ($85 bln a month)
Many market participants seemed to emphasize the wrong part of the FOMC minutes. The key take away is not that there is some disagreement among the members about the duration of QE. Instead, the key point is that the Fed is committed to expanding its balance sheet by buying more than $1 trillion of MBS and Treasuries in 2013 ($85 bln a month)
Master Your Setup, Master Your self. (NQoos)