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Is the Fed Twisting Toward More Easing?

-- expats
Forum Post
11/03/11 17:33
Gold Mine

Is the Fed Twisting Toward More Easing?

Thank author of this post/commentWhile the Federal Reserve didn't announce QE3 on Wednesday, Eric Parnell argues that the meeting and press conference "said a lot between the lines. It delivered the message that QE3 is on its way . It no longer appears to be a question of if, but when." In addition to drawing parallels between this meeting and the August 2010 confab in Jackson Hole that preceded QE2, he notes that on Wednesday, the Fed's three inflation " hawks were back on board with yea votes .

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