Does the Fed Want a Correction?

The big news today comes directly from the Federal Reserve. As most of us expected, the Fed announced today that it was tapering its bond-buying program by $10 billion per month, down to asset purchases of just $55 billion per month. The move is part of the Fed’s commitment to turn down the money printing … Continue reading Does the Fed Want a Correction?

As most of us expected, the Fed announced today that it was tapering its bond-buying program by $10 billion per month; however, there was a significant change in the central bank???s forward guidance.