On 31 Oct 2014
Markets are still addicted to money printing,
Maybe not the end of QE, but just the illusion. Europe and Asia can now pick up where we left off.
Now the next phase is approaching!
If they launch another QE, it'll go for 2 years...
Thus such a time constraint will keep them exposed for too long...
Now they need to condition the market for raising rates which is a trick I will closely watch because it will show you how much the media will bend to impose Fed propaganda.
He said the Fed may not even have that much power over the timing of interest-rate increases. The problem as he sees it is an interest rate the Fed pays on the money banks park at the central bank, called reserves. Fed officials plan to use this tool as their primary lever for raising interest rates when the time comes. If bankers decide to put this money to work, creating inflation risks, the Fed may be forced to raise rates, even if the economy isn’t ready for it, he warned.