Lame Duck Ben Bernanke Presides on Final Meeting as Yellen Awaits Turn
New York Law School Professor Ronald Filler tells TheStreet's Joe Deaux that he's uncertain whether the Fed will contionue to scale back its economic stimulus program in the statement due Wednesday afternoon.
Federal Reserve Chairman Ben Bernanke oversees his final FOMC meeting Tuesday and Wednesday before Janet Yellen ascends to the top central banker position. New York Law School Professor Ronald Filler tells TheStreet's Joe Deaux that he's uncertain whether the Fed will contionue to scale back its economic stimulus program in the statement due Wednesday afternoon. Filler also says that despite early 2014 market volatility, the Fed transition later this week will have little impact on day-to-day market movement.
