Fed's Bullard: 'Very Aggressive' Policy to Stay for 'Long Time'
There is perhaps no better example of the Federal Reserve's new commitment to "enhance its communications strategy" than Fed Presidents sitting as guest hosts on CNBC. The old days of hiding their intentions behind layers of undeciperable language before congressional committees is no more. Now they just go on major news networks and manage market expectations directly. Here, for example, Fed President James Bullard reverses any previous doubts that the Fed is going to withdraw stimulus from the market by saying, "Fed policy is very easy and it's going to stay easy for a long time...I think that's my main message this morning."
About FS Staff
FS Staff Archive
|08/28/2014||Everything You Ever Wanted to Know About Shadow Banking||story|
|08/22/2014||Gold Is the Money of Kings, Debt the Money of Slaves||story|
|08/19/2014||Has the 2014-2016 Crisis Window Been Delayed?||story|
|08/15/2014||News: Gold Takes a Momentary Hit; Soros Bets on Stock Crash; Ukraine Destroys Armored Russian Convoy||story|
|08/13/2014||The Religion of Doom and Gloom||story|
|07/28/2014||Yamada on Market Top, Multi-Year Breakouts in Tech Stocks, and Downtrend in Gold||story|
|07/23/2014||Avi Gilburt: Gold Could Break Below $1000; Sees Sharp Decline in Stocks Before Final Top||story|
|07/21/2014||Is the Market Due for Another 10% Correction?||story|
|07/17/2014||Crises Take Longer Coming Than You Think, and Happen Much Faster Than You Thought||story|
|07/16/2014||Ronald Stoeferle: Gold Bottoming; Higher Inflation Ahead||story|