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More Free Fed Money May Rescue The Obama Economy 

By: killthecat in FFFT3 | Recommend this post (2)
Thu, 16 Oct 14 11:01 PM | 106 view(s)
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Stock Market Turns Green. It's amazing what a few trillion in free money (borrowed or newly printed) can accomplish.

St. Louis Federal Reserve Bank President James Bullard told Bloomberg television the U.S. central bank may want to keep up its bond buying stimulus for now given a drop in inflation expectations.

"It’s not just what the Fed speakers are saying, it is who is saying it. Looking at folks who had been previously been portrayed or perceived as being perhaps a little bit more hawkish, now having a much more conciliatory tone is giving a little bit of ease to investor concerns," said Eric Wiegand, senior portfolio manager at the Private Client Reserve of U.S. Bank in New York.




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