Intraday Market Thoughts

No FOMC Existing Exit Strategy

by Ashraf Laidi
Feb 21, 2013 17:19

As powerful as the Fed's December decision to go “all in” via its $85bn in monthly asset purchases, evidence is increasingly showing that such aggressive easing may have been supported by a slim majority inside the FOMC. Here is why via charting unemployment, Fed balance sheet, S&P500 & Fed Funds rate.

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No FOMC Existing Exit Strategy - Fed Balance Sheet Unem Spx Feb 21 2013 (Chart 1)


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