May 06, 2013 at 15:00 PM EDT
Point of No Return?
An astute reader and some-time fishing partner raised an interesting issue in connection with a recent commentary. That commentary focused on the problems the Fed faces in designing an exit strategy from its current policy accommodation once the economy really starts to improve and unemployment approaches the FOMC’s 6.5% unemployment trigger point. Let’s put aside, [...] View the full post at: Point of No Return? Related posts: Fed Watch: Quick Note on the FOMC Statement Fed to ‘Engage Again’ in Treasury and MBS Buys, El-Erian A Return to a Nasty External Dynamic?
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