Janet Yellen spoke to lawmakers today. After making it very, very clear that bad weather is the cause of the lackluster economy, Yellen then went on to confirm that the Fed will wind down quantitative easing (specifically, the bond-buying stimulus program) seven months from now if ”the labor market continues to improve and inflation remains low.” bastiat.mises.org/2014/05/yellen-to-end-qe-someday-maybe-2/
Posted on: Thu, 08 May 2014 14:19:58 +0000
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