INTERVIEW: Christopher Low Of FTN Financial

(RTTNews) - In an interview with RTTNews, Christopher Low, chief economist at FTN Financial, discusses the FOMC decision and what a lack of tapering means for the markets. "The highlights I think are two-fold. One, that the Fed believes that the tightening of market conditions is a threat to growth in the second half of this year...And the other, just at the last meeting, the Fed linked the end of QE to a target of 7% on the unemployment rate and at this meeting (Bernanke) did just about everything he could to unlink it from that target," says Low.

To listen to the complete interview, visit: http://www.rttnews.com/Media/AudioArchive.aspx?