New usa Fed Rsv Bank Chairperson Janet Yellen says to continue gradual tapering/scaling down the QE monthly buying by the gov't.
Was $85bn/month, now $65bn, dropping in $10bn, planned to cease by end of 2014.
Jim Rickards (author of "Currency Wars") says there have been 15 types of QE since 2009 and suggests Yellen will "pause" the taper at the June meeting based on data and to give her a few months in her new role to form her own style and opinion.
I offer another reason....
there is no next type of QE (it would be version #16) planned. And the Fed, or others want the Fed, to continue in the "mix" of helping solve all the problems for all citizens, so keep the QE going, drag it out a little longer to buy time for some other type of involvement or scheme.
or...., whoa, let the market determine for itself