#1 Thu, Jun 19, 2014 - 5:58pm
Fed Claims Victory- Economic Recovery at Hand- $4 Trillion Later
$4 Trillion Later, The Fed Declares: “Mission Accomplished”
The Federal Reserve is taking a victory lap. The Fed insists that it is tapering and ending its $4 trillion quantitative easing (QE) dollar printing spree because the economy is “recovering” and they have hit their unemployment target and are near their inflation target.
The Fed is sticking to its economic recovery story even though the data does not support it.
Edited by: Smaulgld on Nov 8, 2014 - 5:01am