Fed QE taper
The answer to this question has just altered dramatically, and here's why.
U.S. President Barack Obama yesterday (Wednesday) nominated U.S. Federal Reserve vice chairwoman Janet Yellen to replace Ben Bernanke as Fed chief.Here's what to expect, so you can start planning ahead...
What the QE Taper Will Do To the Market
CNBC Worldhosted Money Morning Chief Investment Strategist Keith Fitz-Gerald this week to discuss the Fed's QE taper.
Printing gobs of money when the current slump is arguably caused by cash overabundance definitely doesn't seem like the rational thing to do.
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How the Fed QE Taper Will Affect Foreign Markets
Hints from the U.S. Federal Reserve this week that the quantitative easing (QE) taper is near pushed the Dow down 105 points Wednesday - but the idea of less Fed stimulus has caused much more turmoil in certain overseas markets.
The problem: A corresponding hike in U.S. debt yields has fueled higher borrowing costs around the globe. This has led to the flight of cheap capital out of emerging currencies and markets.
That triggered the following reactions: