Wednesday, March 7, 2012

Fed Mulling Sterilization

Fed Building

From Reuters: ”The U.S. stock market gained ground on a report, which suggested the Fed is actively considering how to be more aggressive in spurring growth.”
In my opinion, this is yet another piece of unequivocal evidence of an overreaching interventionist central bank attempting to dictate economic outcomes as it sees fit.  You can read the rest of this Reuters report here.