Wednesday, August 12, 2009

Fed - does anyone care?

The way things are rockin' along, the Fed better just keep its mouth shut and not spill something stupid.

Unsurprisingly, the statement took a more upbeat tone on the economy.

I don't think the Fed would hike interest rate up until unemployment definitely starts to fall. Fed-led security purchasing program looks like it's on pause for the time being.

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