Tag: FOMC

Economics

Federal Reserve Will Punish America For Shutdown

The Federal Reserve will push back tapering off of its open ended $85 Billion/month bond buying program until its meeting in March, said economists polled by Bloomberg. The program, which some have referred to as QE4Ever, was predicted to begin slowing down in September, but continued full speed ahead, despite all predictions, as the dollar…...

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Written by SurrealPolitiks
Economics

Against All Expectations, Fed Continues Easing as Dollar Hits 7 Month Low

In a 9-1 vote, the Federal Open Market Committee voted to continue the $85 Billion/month bond buying program some have called “QE4Ever”. The move came as a surprise to more than 2/3 of economists recently polled by the Wall Street Journal who expected Fed Chairman Ben Bernanke’s news conference today, to include an announcement of tapering…...

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Written by SurrealPolitiks
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