NEW YORK ( ETF Expert) -- Who are these folks who keep insisting that the Federal Reserve will slow its bond purchases in September? Unless I've missed something, the press releases concerning Fed policy have explicitly stated that the central bank will maintain its zero percent interest rate policy for as long as the U.S. unemployment rate remains above 6.5% and price inflation remains below 2.5%.Granted, quantitative easing (QE) is merely a component of the Fed's efforts to suppress intermediate- to longer-term interest rates. What's more, Chairman Ben Bernanke has made a distinction between purchasing government debt at a slower pace and terminating the program.
Bond ETFs Could Shock Pundits in Coming Months
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