Fed’s Stein would have backed QE taper in September meeting September 26, 2013 FED BOARD member Jeremy Stein suggested yesterday that he would have been happy if the tapering of QE had begun in September. In a Frankfurt speech, Stein said: “I would have been comfortable with the FOMC’s beginning to taper its asset purchases at the September meeting.” Stein added that the most important element of tapering [...]
Ben bottles it as Fed rejects QE tapering September 18, 2013 Stock markets surge as the US Federal Reserve decides not to start rolling back its easy money scheme US treasury yields dive and gold prices rocket after the shock move to wait at least another month Janet Yellen is now the favourite to take over from Fed chairman Ben Bernanke once he leaves his post [...]