The FOMC press release announced that the Fed is not doing anything different for this month. The statement is pretty similar to that before and would be considered a disappointment to those that bought risk on the WSJ and NYT articles of last week. So no new asset purchases, no removal of Interest on Excess […]
Risk markets are betting all on Central Bank Liquidity Stimulus — FIU
The very weak US Employment data from Friday is being used as a reason to expect QE3 to be announced at the next FOMC meeting June 20th. Tonight’s Fed Beige Book will give us a better idea of the economic data that the Fed will be seeing, but yesterday two Fed governors , Bullard and […]