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2024
April 21st, 2014 at 11:00 pm
From Bloomberg, Apr 21, 2014, 12:01:00 PM
Yellen speaks in Washington in her first news conference as head of the central bank after a two-day meeting of the Federal Open Market Committee. The Fed gave itself room to keep borrowing costs low at least until next year by dropping a linkage between the benchmark interest rate and a specific level of unemployment. (This is Yellen’s prepared statement. Source: Bloomberg)
Betting against U.S. government
debt this year is turning out to be a fool’s errand. Just ask
Wall Street’s biggest bond dealers.
To read the entire article, go to http://bloom.bg/1gMJR6O
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