Testing the waters

Fed said to have “mapped out” stimulus exit strategy with emphasis on managing market expectations; timing of exit still uncertain – WSJ’s Hilsenrath- Officials at the Fed have created a strategy for the wind down of its $85B per month QE program that will involve incremental “an potentially halting” tapering of the bond purchases as the committee’s confidence about the jobs market grows. – Sources stress that the timing of when the tapering strategy might begin is still being discussed and the primary focus is on making the Fed exit strategy very clear to avoid uncertainty and overreactions in the market.
**NOTE: On Thursday, rumors about an article discussing a ‘sooner rather than later’ QE exit strategy at the Fed circulated and caused some market volatility.

  Обзор PetroChina: Китай и нефть
Пролистать наверх