When the Federal Open Market Committee of the Federal Reserve announced last week that it would not yet begin to "taper" its monthly $85 billion purchases of Treasury and mortgage securities commonly known as QE3 , it came as a major surprise to most Fed-watchers as well as most active stock and bond market participants.
http://spectator.org/archives/2013/09/26/yellin-at-the-fed
http://spectator.org/archives/2013/09/26/yellin-at-the-fed
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