Archive for December 18th, 2013

New Overnight Developments Abroad - Daily Update

An Historic and Successful Day for the Fed

December 18, 2013

Since Chairman Bernanke went public last May with a plan to eventually reduce quantitative easing, no other matter has drawn greater financial market interest.  The FOMC would implement this tapering of QE only when officials felt the economy and markets could handle it.  The Fed ended up delaying the onset of tapering longer than it anticipated […] More