Smasharoo wrote:
The assumption is she will follow in The Ben Bernanke's footsteps. QE and bond purchases ongoing due to self inflicted wounds is fairly probable.
She has a less aggressive view on "tapering". If that matters much remains to be seen. She doesn't seem to have much pull in the FMOC, but obviously that changes to some extent.
She has a less aggressive view on "tapering". If that matters much remains to be seen. She doesn't seem to have much pull in the FMOC, but obviously that changes to some extent.
I'll be interested to see how she responds once inflation starts back in. She's been on record somewhere (off the top of my head) as saying that she's not as worried about inflation as she is about unemployment reduction.
Plus, nothing would make this administration happier than a little inflation to boost exports and reduce the value of all the debt they're racking up.
