Bullard redux: Data doesn't yet call for QE taper


The St. Louis Fed's (and FOMC voter) Jim Bullard repeats yesterday's comments - he thinks the Fed needs to see more data before commencing with the QE taper.

Employment data is decidedly mixed, the Fed's optimistic GDP forecast have consistently been proven wrong, and inflation remains below the 2% target.

Comments (1)
  • Land of Milk and Honey
    , contributor
    Comments (8517) | Send Message
     
    He sees futures are down this morning, and (WLT) is off... so out comes the "tapering off" speech to stop the market moving down.

     

    Sigh, just let the market move - and stop manipulating it with micro managing!!!
    15 Aug 2013, 08:34 AM Reply Like
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