Wall Street Journal (June 29)
2013/ 06/ 30 by jd in Global News
“The real lesson of recent days concerns the Fed’s ability to exit from its extraordinary interventions. The mere hint that the Fed might eventually taper its bond purchases sent markets into anxious gyrations…. Imagine the uproar when the Fed finally decides to act, as it eventually must.”
Tags: Bond purchases, Federal Reserve, Intervention, Markets, Monetary easing, Tapering
