Wall Street Journal (June 18)
2013/ 06/ 19 by jd in Global News
“It is easier to get on the bull than to get off.” Financial markets have been lurching at the mere hint of change by the Federal Reserve. “The biggest question about the Fed’s policy of near-zero interest rates and unlimited quantitative easing has always been: What happens when the music stops?… Our view is that the sooner the Fed begins to unwind, the better.”
Tags: Federal Reserve, Financial markets, Interest rates, Quantitative easing
