The Fed Just Admitted They Were Wrong! BACKING OFF From Unwinding Balance Sheet!
Oh, Janet. You are wonderful. Always there to make us feel warm and cozy. Your words always satisfy the market, regardless of what they are. There’s no way this could ever turn negative as long as mama Yellen is on the watch.
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Sources Used in This Video:
https://goo.gl/UpprQe
This Graphic Unveils the Truth Behind America’s Record-Breaking Debt of $20 Trillion
https://howmuch.net/articles/worlds-debt-2017
Effective Federal Funds Rate | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/FEDFUNDS
Meeting with economists and blue-collar workers, Fed Chair Janet Yellen talks of economic uncertainty - LA Times
http://www.latimes.com/business/la-fi-yellen-in-ohio-20170926-story.html
Yellen: Fed may have 'misjudged' inflation, keeping rates lower
https://www.usatoday.com/story/money/2017/09/26/yellen-fed-may-have-misjudged-inflation-keeping-rates-lower/703920001/
U.S. consumer confidence slips; new home sales hit eight-month low
https://www.reuters.com/article/us-usa-economy-housing/u-s-consumer-confidence-slips-new-home-sales-hit-eight-month-low-idUSKCN1C11VQ
Facebook's underclass: as staffers enjoy lavish perks, contractors barely get by | Technology | The Guardian
https://www.theguardian.com/technology/2017/sep/26/facebook-workers-housing-janitors-unique-parsha
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They can't unwind, they are on track to print more and do helicopter money.
Helicopter Yellen!
In your opinion, will the Fed UNWIND?
great one! followed and upvoted waiting you to upvote mine <3
Interesting
Stay tuned for more.
Janet Yellen is on her way out the door and will leave the major raises to the next person in Feb. So no one will point the finger at her..lol
Could be!
The Fed often tries to manipulate and deceive, so I found Chair Yellen's candor oddly refreshing. All things considered, she really has done about as good a job as was humanly possible, IMO. But no, I don't think they will unwind anytime soon.