Breaking: #Fed’s Esther #George tells FBN’s @PeterBarnesTV ‘it is time’ to begin adjusting bond buying #QE
Russian Market@russian_market6 min
Fed’s George Says It’s Time To Adjust Qe Purchases
Russian Market@russian_market4 min
Strange it’s Tuesday and US Markets are still red.
Fed’s George says that it’s time to reduce bond buying
The Federal Reserve’s Esther George has said that it’s time to adjust the Fed’s bond buying to the Fox Business Network, reiterating that quantitative easing (QE) has costs and benefits. – See more at: http://www.cityam.com/blog/feds-george-says-its-time-reduce-bond-buying#sthash.PrxCBIUM.dpuf
Kansas City Fed chief makes case to start reducing bond purchases ‘sooner rather than later’
Kansas City Fed President Esther George, in the video seen above, said the Federal Reserve should start reducing its $85 billion per month bond purchase program.
“The important thing is to start the process,” she said in an interview with Fox Business. She wants to start “sooner rather than later.”
http://blogs.marketwatch.com/capitolreport/2013/07/16/kansas-city-fed-chief-makes-case-to-start-reducing-bond-purchases-sooner-rather-than-later/?mod=MW_home_latest_news
This Is Your Economy On QE
Presented with little comment aside to say – Thanks for nothing Ben…
It appears the closer we get to the actual real horizon on the actual economic data, the more the sell-side hopium-peddlers are forced to ratchet down expectations (and of course ratchet up the future hope some more)… First Barclays, then JPMorgan, and nowGoldman Sachs…
http://www.zerohedge.com/news/2013-07-16/your-economy-qe
Luis
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