QE-4 Ever Starting To Become A Reality

suyts space

image

  The Fed will likely continue their asset purchases through this year and probably into next.  They say tapering may begin next year, but I doubt it.

The latest excuse for not tapering was the two-week drama in the US about our budget and debt limit. 

The Fed’s policy-making committee ends a two-day meeting on Wednesday and the chances are vanishingly small that it will start to dial down the monetary stimulus right away.

The recent government shutdown in Washington and last-gasp deal to raise the federal debt ceiling have simply created too much economic uncertainty.

As a result, on industrial output, retail sales and consumer prices as well as the Institute of Supply Management’s October manufacturing survey will be limited.

Forget that the budget and debt roil was in October and no one with an ounce of sense thought that we wouldn’t get a budget or an increase of…

View original post 548 more words

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s