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Archive for March 16th, 2014

Posted by Martin March 16, 2014

Is there a room for more tapering?

Is there a room for more tapering?

The Federal Reserve gets a lot of credit for what passes as an economic recovery. Whether it deserves that credit, going forward the Fed has very little power to influence events because it is essentially out of ammo to further ease. The economy, meanwhile, is still lackluster, despite the central bank’s unjustified optimism. The Fed Continue reading →