Posted by rahrens_1 on April 06th 2011
A New Proposed Fed Mandate – Credibility
A New Proposed Fed Mandate – Credibility As we approach the end of QE2 the Fed has to start being very careful if it ever hopes to unload all the securities on its balance sheet. QE1 was a data point, QE2 let’s you draw a line and QE3 starts to define a trend. If they [...]