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Started By
Message
re: Federal Reserve and Quantitative Easing (QE)
Posted on 6/29/13 at 8:04 am to LSURussian
Posted on 6/29/13 at 8:04 am to LSURussian
quote:
Uh...no, he didn't.
Uh....yes, he did.....
From a Financial News Marticle titled:"Federal Reserve signals unease with QE, and an end in 2013.
"The article stated, "Quantitative easing, or creating money to buy financial assets, could end “well before the end of 2013” because of concerns by several policy makers over financial stability, and that the Fed’s portfolio of assets – now over $2-trillion (U.S.) – is becoming too large, according to minutes of the central bank’s December policy meeting, released in Washington after the customary three-week delay".
Please! If you can't answer to my questions, then let somebody else who can. I'm not a troll. Federal Reserve monetary policy affects us all, including me. I'm just trying to educate myself on this issue. I always believed that manipulaton of its currency, is the greatest evil a country can engage in.
I don't put things out there until I've done a reasonable effort to educate myself on the issue. Fact is the Fed has indicated an end to QE as indicted in the above. Aparently his announcement spooked the Stock Market.
This post was edited on 6/29/13 at 8:05 am
2
Posted on 6/29/13 at 8:37 am to Matrixman
Link the article.
I listened to Bernanke's press conference after the FMOC meeting last week and he never said anything that your
"quote" says he said. You said In your earlier post that Bernanke said the Fed was ending QE. Your quote in the most recent post doesn't quote Bernanke at all.
So, again, uh..no, he didn't say QE is ending.
I listened to Bernanke's press conference after the FMOC meeting last week and he never said anything that your
"quote" says he said. You said In your earlier post that Bernanke said the Fed was ending QE. Your quote in the most recent post doesn't quote Bernanke at all.
So, again, uh..no, he didn't say QE is ending.
This post was edited on 6/29/13 at 8:40 am
Posted on 6/30/13 at 7:52 am to Matrixman
When it comes to figuring out what Benny said and is going to do, read the FOMC statements and minutes. Also listen to Benny's news conference. Don't read news articles. 9 times out of 10 they are written by people who aren't that bright or have an agenda.
Benny has a history of saying what he is going to do and then doing it. Get your info straight from the source.
Benny has a history of saying what he is going to do and then doing it. Get your info straight from the source.
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