NEW YORK ( ETF Expert) -- During Alan Greenspan's tenure at the helm of the Federal Reserve (1987-2006), the investment community created a phrase to capture the former chairman's wordiness. "Fed Speak" aptly described the long-winded ambiguity in his statements. In fact, it is likely that Greenspan was intentionally vague to reduce extreme price swings in the stock market.In 2013, the new sheriff offers citizens a different kind of Fed Speak. Chairman Ben Bernanke has been remarkably straightforward with his plan to print dollars to buy U.S. sovereign debt. Not unlike his European counterpart's infamous promise to do whatever it takes to protect the euro, Bernanke's Fed will purchase government bonds until unemployment reaches 6.5%.
Newest Fed Speak Suggests Web ETFs
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