What Roiled the Markets?

Yesterday the Federal Open Market Committee concluded its 2-day meeting followed by a one hour press conference with Fed Chair Janet Yellen.  The markets were roiled on Janet Yellen’s remarks.

Listen Here or Read Below

The market had been expecting the FOMC to taper another $10B from its bond purchase program.  The bond purchase program began with an $85B monthly commitment in purchasing both Treasuries and Mortgage bonds.  These asset purchases have artificially prompted up the markets and kept … Continue reading

  • TopBestLogo
  • HappyPeople