The unexpected resignation by having the right to vote in the committee setting monetary policy the Fed's Elizabeth Duke is another announcement of changes in the bank rate to a more hawkish?
Markets gave a favorable reception last week's speech Fed chief Ben Bernanke, however, few people pointed out the surprising resignation of the bank gubernatorki Elizabeth Duke, considered to be a major supporter last round of asset purchase programs.
I encourage everyone to re-read the transcript of last week's Fed meeting. I think it was due to their clear intention to terminate or reduce the QE before the end of the year.
Is the Fed came to the conclusion that QE can have side effects? Could this trigger a discussion on the reduction or end of QE, although still weak economic situation? The tone in which they are kept transcripts and resignation Elizabeth Duke can it throw new light.
I encourage everyone to re-read the transcript of last week's Fed meeting. I think it was due to their clear intention to terminate or reduce the QE before the end of the year.
Is the Fed came to the conclusion that QE can have side effects? Could this trigger a discussion on the reduction or end of QE, although still weak economic situation? The tone in which they are kept transcripts and resignation Elizabeth Duke can it throw new light.
oscarjp
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