According to most
commentators, reducing monetary stimulus and winding down the balance sheet of
the Fed without major economic disruptions is going to be a major challenge for
US central bank policy makers. On Wednesday, June 19 Fed Chairman Ben Bernanke,
said that given an improved outlook on the economy, the US central bank may
moderate the pace of monetary pumping. According to Bernanke, by mid-2014 the
Fed may even end the purchasing of assets. …To Read More….
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