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Started By
Message
Posted on 6/19/13 at 2:06 pm to BennyAndTheInkJets
quote:
BennyAndTheInkJets
What's the market doing? Computers can't make up their mind?
Posted on 6/19/13 at 2:21 pm to BennyAndTheInkJets
quote:
The Fed Funds target rate will be at 0.25% for at least the next 2 years, more than like 3.
That has been my thought as well. I think the first step will be backing off the MBS and treasury purchases.
Interesting thing is that if you look at the Economic Projections that came out with the statement today they project 6.5 - 6.8% unemployment and 1.4 - 2.0% inflation in 2014. This is a fairly significant issue as this is the first time any of the Fed projections have had that happening so soon.
I've been thinking 2015 before the candy bowl gets taken away, but could be as early as mid-2014 if the Fed projections come true.
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