A high bar exists before the Fed will consider ending its asset purchase program, says Chicago's Charles Evans, pushing back against recent chatter of an imminent tapering of QE. Maybe more interesting, Evans says it's the stock, not flow of asset purchases that's most important, meaning he believes the stimulus stays in place until the Fed actually unwinds its newly acquired assets.
A high bar exists before the Fed will consider ending its asset purchase program, says Chicago's...
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