The Federal Reserve released one of the most interesting FOMC minutes of the past few months on Wednesday. During the October 23 and 24 FOMC meeting, Fed Chairman Ben Bernanke and the rest of the Committee not only discussed the transition from current calendar-based guidance to one that is based on the economic indicators such as unemployment and inflation, they also agreed QE3 had been effective and indicated that “additional asset purchases would likely be appropriate next year afte...
The Federal Reserve released one of the most interesting FOMC minutes of the past few months on Wednesday. During the October 23 and 24 FOMC meeting, Fed Chairman Ben Bernanke and the rest of the Committee not only discussed the transition from current calendar-based guidance to one that is based on the economic indicators such as unemployment and inflation, they also agreed QE3 had been effective and indicated that “additional asset purchases would likely be appropriate next year afte...
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