More Punch, Less Bowl: Fed To Keep Rates Low For Long Time To Come |
June 21, 2014 | June 2014 Bond Updates |
Newly-minted Federal Reserve Chair Janet Yellen has been hovering around the punch bowl of late. Since the 2008 financial crisis, a zero interest-rate policy and quantitative easing have stimulated modest economic growth. Now nearly six years in, as the economy picks up a touch, the world watches, speculating when Yellen will surprise the party by taking the punch bowl away. Will it be in six months? A year? |
View more at: http://www.forbes.com/sites/benverschuere/2014/06/20/more-punch-less-bowl-fed-to-keep-rates-low-for-long-time-to-come/ |
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