Bullard: Taper possible in October
The Federal Reserve could begin to slow asset purchases at its October
meeting depending on economic data, said St. Louis Fed President James
Bullard Friday on Bloomberg Television. "October is a live meeting," he
said. "This was a close decision here in September, so it's possible you
get some data that change the complexion of outlook and make the
committee be comfortable with a small taper in October."
The Jig is up. What this implies is " Pound Gold and Mining shares STAT! " reprehensible, and yet the SEC is blindsided.
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