wixeywaxy

Why Did the Market Act Like Bernanke Said Something New?

You article is correct, the Fed has been following rather consistently it's policy indicated earlier and with less mealy mouth conversation than under the Greenspan area. Interest rates are low, yet not too low. The result is a reasonable balance which is fair to the entity making loans as well as the borrower. There is obviously no reluctance to fund huge deals presently. Vic