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…
- Categories Blitzer's Insights, Fixed Income
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- Categories
- Blitzer's Insights, Fixed Income
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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. …
- Categories Blitzer's Insights, Uncategorized
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- Blitzer's Insights, Uncategorized
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