Archive - Sep 18, 2013
RANsquawk - FOMC Preview - 18th September 2013
Submitted by RANSquawk Video on 09/18/2013 06:14 -0500
T-Minus Seven Hours Till Taper
Submitted by Tyler Durden on 09/18/2013 05:58 -0500- Australia
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The day when the Fed will begin the unwind of its latest QE program (for the fourth time) has finally arrived (as has the day when an impeachment committee will vote whether to ban Berlusconi from public office, but understandably that is getting far less press). In a few short hours the answer to all those questions of whether and how much of the taper was priced in, will be revealed. But while the Taper discussions will dominate the airwaves, as they have for the past five months, there actually were some news in the world that had nothing to do with the US Politburo in charge of capital markets and the US economy, located in the Marriner Eccles building. Here is a brief summary.
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