from The Daily Bell:
Fed mulls adjusting its tune to quell jittery markets … Federal Reserve officials are considering moving the goal posts on U.S. monetary policy with a promise to keep interest rates low for longer in the hopes of heading off a troubling rise in markets borrowing costs. Top Fed officials, who have pulled out all the stops to boost the U.S. recovery from recession, have worried for months that investors might drive bond yields up when the time came to reduce the central bank‘s bond-buying program. Their fears have started to become reality. – Reuters
Dominant Social Theme: We are in charge. There is nothing to fear. We really are.
Free-Market Analysis: So it begins. Having created Frankenstein’s monetary monster, those attending to it now gather at the gurney peering down at the misshapen and deadly creature and … palaver.
Please follow SGT Report on Twitter & help share the message.