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ProShares UltraShort Financials Message Board

  • mizesaw mizesaw Feb 20, 2013 2:12 PM Flag

    Not Good For a Market Addicted to Fed Heroin

    WASHINGTON (MarketWatch) - Federal Reserve officials will consider major changes to its quantitative easing program at its next meeting in March, according to minutes of the January meeting released Tuesday. Fed officials appear divided about how to proceed with the current $85 billion per month purchase program. Many ideas were mentioned including tapering the program, or ending it before reaching the current goal of a substantial improvement in the labor market. One new idea was for the Fed to replace asset purchases with a promise not to sell assets for a longer period than currently envisioned. But others on the Fed argued that ending QE too soon would damage the economy. Overall, many Fed officials are worried about the costs and risks of the asset purchases, the minutes show. During the meeting, several Fed officials expressed concern about the potential for excessive risk taking by investors due to the Fed's ultra-loose policy. The Fed will meet next on March 19-20.

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