http://watch.bnn.ca/the-street/the-stree...lip1030983
The Fed announced it's last "taper" stategy...
- Interest Rates rose sharply
- Markets started to "brace for impact"
- The Fed decided not to stop QE.
Quote:The Fed’s actually going to do the opposite of tapering – they’re going to up the dosage [of QE]. It’s going to end when there’s a currency crisis. When the dollar collapses and then that morphs into a sovereign debt crisis – that’s going to force the Fed’s hand. But until then, it’s just going to pretend there’s an exit…
The Fed announced it's last "taper" stategy...
- Interest Rates rose sharply
- Markets started to "brace for impact"
- The Fed decided not to stop QE.
