OK…let’s get things straight. Mr. Bubble has not…is not and will not stop the printing of money. All this is noise.
The Federal Reserve on Wednesday said the U.S. economic recovery had lost momentum so far this year, but stopped short of offering new monetary stimulus even as it signaled further bond buys could be in store.
Fed officials described the economy as having “decelerated somewhat,” and reiterated their disappointment with the slow pace of progress in bringing down the nation’s 8.2 percent jobless rate.