The Federal Reserve last week chose to delay tapering QE, its $85 billion bond-buying program, because it believes the U.S. economy has not yet recovered enough to start dialing back the stimulus. But if not now, when? Here's what one Fed governor said yesterday...
this week’s Fed speeches
The presidents of the various U.S. Federal Reserve branches are having a very busy week, with speeches from one end of the country to the other, and a few overseas engagements, too.
We'll be following these speeches closely for any Earth-shaking revelations. These are private speaking engagements, to be sure, but we've seen fireworks in these cases before.
Here's a list of all the (scheduled) Fed speeches this week, plus what they'll be talking about. Set your calendars for the following: