Tag Archives: QE 123

Easing the Fed’s Worries Over Quantitative Easing

Yesterday’s release of the December 17-18 2013 FOMC minutes by the Fed revealed concerns about the side effects of the quantitative easing.  While these don’t suggest an accelerated end to the Fed’s bond buying – the popular guess is still that it winds down by year end – members of the Fed’s key policy-making group Read more […]

Misplaced Fears and Real Worries

The charts show the twin concerns of the Fed: inflation and unemployment.  Despite fears that easy money would send inflation surging, it is quietly fading away.  The real worry is unemployment. While declining, at 7% recently it remains above any estimate of full employment.  Low inflation and low unemployment can be in conflict with one-another.  Read more […]