Data Dependent Fed Ignores ‘Data’ – Bullard Joins Williams In Call For QE4

dollar-burning

Data Dependent Fed Ignores ‘Data’ – Bullard Joins Williams In Call For QE4 (ZeroHedge, Oct 16, 2014):

As yet another fed speaker takes the jawboning lectern today, it is becomingly increasingly clear that The Fed truly has only one mandate – to keep stocks up. While claiming to be “data-dependent”, which judging by the general trend of government-supplied data (and President Obama), things are going great; Jim Bullard joins his intervention-prone colleague Williams: BULLARD SAYS BOND PURCHASES SHOULD BE DATA DEPENDENT and SAYS ‘U.S. FUNDAMENTALS REMAIN STRONG’ but BULLARD SAYS FED SHOULD CONSIDER DELAY IN ENDING QE. So much for data-dependence…

‘U.S. FUNDAMENTALS REMAIN STRONG’

Is that so?

Take a look at this if you haven’t done so yet:

12 Charts That Show The Permanent Damage That Has Been Done To The U.S. Economy (Economic Collapse, Oct 13, 2014)

1 thought on “Data Dependent Fed Ignores ‘Data’ – Bullard Joins Williams In Call For QE4

  1. US fundamentals remain strong…….isn’t that what McCain said about the US economy just as it started to crash in 2007? “The fundamentals of the economy remain strong………”

    Even the language is the same………..
    Don’t they have the imagination to change the wording?
    Unbelievable……..
    Sick….
    Stupid and without merit…….
    It proves the mindless have inherited the earth.

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