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So, what did Big Ben say last night?

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Rams
Super Contributor
tapering will only start when economy recovers(so we going up today?)....and yesterday morning even when he said nothing, the markets started selling!
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3 REPLIES 3
Not applicable
Ben isnt as relevant as he used to be, eyes on Yellen now, and it seems (at least according to Bloomberg) that Yellens QE to INFINITY AND BEYOND was generally taken as until March 2014.
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Not applicable
this bit is funny though:
Bernanke said that the central bankÂ’s policies are helping the American middle class by supporting housing, strengthening financial markets and shoring up consumersÂ’ balance sheets.

He thinks their stimulus is helping people, thats like saying heroin helps cause it makes me feel better.

http://www.bloomberg.com/news/2013-11-20/bernanke-signals-fed-target-rate-to-stay-low-long-after-qe-...
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SimonPB
Valued Contributor
no tapering before March at earliest as the US has to kick their debt ceiling down the road again in feb ..
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