Wednesday, March 19, 2014 9:00:31 PM
The central bank proceeded with its well-telegraphed reductions to its massive bond-buying stimulus, announcing it would cut its monthly purchases of U.S. Treasuries and mortgage-backed securities to $55 billion from $65 billion.
Minneapolis Fed President Narayana Kocherlakota dissented, saying that dropping the unemployment threshold could hurt the credibility of the Fed's commitment to return inflation to 2 percent.... NEWS like this makes them boys on wall street,jump around a little bit,wish I was there to see them,trying to protect their butts. And then they say, its REALLY NO BIG THING. Got to love this market or get out.
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