Via Peter Tchir of TF Market Advisors,
There has been more and more speculation that the Fed is getting ready to launch a new QE program, this one targeting residential mortgages. With the data coming in better than expected, stocks back up, and Plosser and Bullard both chiming in that improving data would make them hesitate or question the need for more QE, there is some fear that it is off the table.
I don't think it is off the table, and if anything see growing signs that they are
No comments:
Post a Comment