At the Federal Reserve meeting this past Wednesday, Chairman Ben Bernanke confirmed the bond buying would continue as economic growth was only modest and jobs remain an issue. In other words, the Federal Reserve is planning to keep the money-printing press in full operation.
Based on what was said, the central bank may not even look at reducing its bond purchases until sometime late in the fourth quarter or perhaps in 2014 as long as the economy and jobs growth struggle.
Fed will continue to print and prop up the stock market until after the 2014 midterm election party. Fed getting shredded.
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