What a friggin LIAR,,,,,,,,,,,, Typical fed talkin........
The feds are the ONLY thing that has held this scam market up. AA lil POMO here and lil there. BOINGGGGGGGGGGGGGGGGG up she goes...........
They would even announce when they would do these buys on MSM. DOES not yellen watch MSM?????? UNREAL........
ROYCE: So Madame Chair, is having a stable and rising stock market a third pillar or the Federal Reserve's monetary policy if I go back to what I originally heard Ben Bernanke articulate?
YELLEN: It is not a third pillar of monetary policy. We do not target the level of stock prices. That is not an appropriate thing for us to do.
http://www.zerohedge.com/news/2016-06-22/what-yellen-told-congress-when-asked-if-fed-boosting-stock-market