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Friday, December 20, 2013

Monetary

News                                                                                                                             
Bloomberg | Fed Seen Tapering QE in $10B Steps in Next Seven Meetings
If we’re making progress in terms of inflation and continued job gains, then I imagine we’ll continue to do, probably at each meeting, a measured reduction in purchases, Bernanke said
CNN Money | Fed's assets top $4 trillion
To be more exact, the Fed's assets now total $4,008,062,000,000 -- a new record high, according to a weekly report released by the central bank on Thursday afternoon. And it's going to keep climbing.