(Untitled) Nov 4th 2013, 17:39, by noreply@blogger.com (Cliff Küle) Federal Reserve's Bullard: $1 Trillion/Yr QE Pace 'Torrid' "Bubbles Are Blindingly Obvious" St. Louis Federal Reserve President James Bullard says the Federal Reserve's current $85 billion/month bond purchase program is a "torrid pace" .. but adds "It's a very reasonable thing to do to substitute for the fact that you can't lower interest rates any further." .. emphasizes the concerns by the Federal Reserve on the rapid rise of interest rates in the 10-Yr U.S. Treasury bond.LINK HERE to the articleLINK HERE to Zero Hedge commentary |
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