Fed Funding
11/20/2013 | | Economic forecasting, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, Federal Funds, Forward guidance, Graphsandlaughs, MLS, Monetary Policy, Multiple listing service, Public speaking economist, econ70, economist on TV, economist on radio, eisenberg and economics, federal reserve, funniest economist, funny housing economist, graphsandlaughs and eisenberg, housing sales, mortgage banking, politics and economics, tapering
Reading the just released minutes from the most recent Fed meeting, it sounds like when the Fed starts reducing its monthly purchases of $85 billion in treasuries and MBS, the Fed will concurrently announce that it will keep short term interest rates abnormally low for a long time to reassure markets it will continue its very accommodative policies. My take: taper in March, Fed Funds near zero for years.