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American Capital Agency Corp. Message Board

  • dr_klumps dr_klumps Oct 21, 2013 3:17 PM Flag

    December FED Taper - 7 Biblical Truths

    From Newsmax, one of the Biblical Truths........the FED Taper

    Still, Feldstein said there is one reason why "some small tapering" could occur in December: "Bernanke is scheduled to retire in January. Since he introduced the 'unconventional monetary policies' of QE and forward guidance, he might want to show before he steps down that he has put the Fed back on a path to conventional policies."

    Feldstein called for a quick end to QE, on grounds the low interest rates it has produced "is driving investors and banks to take undesirable risks."

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