10.07.2013 17:30:07
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INTERVIEW: Cary Leahey Of Decision Economics
(RTTNews) - In an interview with RTTNews, Cary Leahey, senior economist with Decision Economics, explains why it's Ben Bernanke, not the Fed minutes investors should be focusing on. "Part of the problem, and this is always a problem with the Federal Reserve minutes, is that it is referring a meeting that's happened some time ago," says Leahey. What's the take-away from each? "The big potential surprise...is that the Fed may indicate that things have to get better from here for them to so-called slow down or taper the pace of monthly purchases of securities...Right now the market thinks that things would have to deteriorate from here."
To listen to the complete interview, visit:http://www.rttnews.com/Media/AudioArchive.aspx?category=Interviews&Node=B10
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