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Economy too weak to taper


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2013 Sep 23, 2:26am   487 views  0 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://money.cnn.com/2013/09/23/news/economy/federal-reserve-dudley/index.html?iid=HP_LN

Taken altogether, the outlook simply isn't good enough for the Fed to start winding down its bond-buying program, which currently entails buying $85 billion in Treasuries and mortgage-backed securities each month, Dudley said. "I'd like to see economic news that makes me more confident that we will see continued improvement in the labor market," he said.

#housing

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