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Fed’s Fisher supports tapering QE ‘sooner rather than later’

No surprise from one of the most hawkish Fed members but his follow up comment is a bit more interesting — he says the Fed will eventually need to taper of QE, not halt it outright. He also wants to start the taper this year ‘provided the economy keeps improving’.

IF the hawks aren’t even daydreaming about ending the program, QE will continue for a long time.

He spoke in an interview with Reuters.
NoRiskAtAll
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quote:

HerrKaiser schreef op 19 februari 2013 22:51:

Herbalife reports higher profit and revenue, raises full-year outlook on.mktw.net/15sZHjO
Herbalife's Stock Is Tanking In After-Hours Trading

read.bi/157Tkl6
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BERSANI 35%-37%, BERLUSCONI 29%-31% IN CHAMBER: RAI POLL *ITALY'S GRILLO 17%-19%, MONTI 7%-9% IN SENATE: RAI POLL
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en meerderheid in de Senaat....

Weidmann - France Has To Cut Deficit Below 3 Pct This Year
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BOOM: Italy's centre-right (Berlusconi) leads in race for Senate with 31.7pct, ahead of centre-left (Bersani) on 29pct, Grillo 25.1 pct -Sky
NoRiskAtAll
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MARKETS FREAK OUT, YEN SURGES AFTER SHOCK SPLIT VOTE IN ITALY: Here's What You Need To Know

Woah, what happened?!

Read more: www.businessinsider.com/closing-bell-...
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Bersani: 29.85%, Berlusconi: 28.89% in lower house w/ 53,624 of 61,446 polling stations done
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