Tapering

According to WSJ Fed watcher Jon Hilsenrath, The Federal Reserve is likely to continue scaling back its QE program despite the disappointing nonfarm payrolls report on Friday. The FOMC has cut the Fed’s bond-buying program by $10B in each of its last two meetings and is set to trim purchases by another $10B at its next get together in March.

“Taper path should be steady, absent significant change in Outlook.” (Goldman Sachs)

Taper

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s