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Wall Street Week Ahead: It's All About The Fed !

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  • edited September 2013
    But for all the concerns that the reduced presence of such a giant asset buyer would be calamitous for investors, it appears equity and bond markets are poised to take next week's Fed decision largely in stride - provided the central bank doesn't surprise with the size of its move or shock in some other way.

    The Fed has telegraphed its intentions to pare back its monthly purchases of $85 billion in bonds at its two-day meeting that ends next Wednesday. The scale of the tapering and what Fed Chairman Ben Bernanke might say at his press conference are key here, but the steady messaging in the last few months means next week probably won't see carnage in the markets.
    Hear, hear!
  • Reply to @Charles: Reducing by $10 billion purchase would considered orderly tapering since recent employment figure is not very strong at current level.
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