The Traderszone Network

Published in TZ Latest News 29 September, 2016 by The TZ Newswire Staff

Yellen Says Fed Buying Stocks Is "A Good Thing To Think About"

Having hinted overnight that The Fed could buy stocks “maybe in the future,” Janet Yellen blurted out confirmation that buying assets other than long-term U.S. debt is on the table. Despite the total and utter failure of SNB and BOJ direct equity buying to create increased consumption, Yellen explained “it could be useful to be able to intervene directly in assets where the prices have a more direct link to spending decisions.”

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