Jan 03 2014
After trim to QE, Fed no less committed to stimulus: Ben Bernanke
In what came as a surprise to some, the Fed decided last month to cut its asset-purchase program, known as quantitative easing, or QE, by $10 billion to $75 billion per month. It cited a stronger job market and economic growth in its landmark decision, which amounted to the beginning of the end of the largest monetary policy experiment ever.
Rate Range Projection by Bank
Next week 102.50 - 105.00
Next 3 months 100.00 - 107.00
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