For the conspiracy theorists out there, its a good strategy.
"we will taper if the economy improves" - market thinks maybe economy is improving
"we will not taper for now, wait for further economic indicators" - market rejoice on no taper
Its good at managing expectations while taking no action, leaving money virtually free.
FED talking about possible economic improvement
Started by
fluid
, Sep 20 2013 08:21 AM
No replies to this topic