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FOMC: Hawks Can Only Squawk But not Vote

Katie Lien Fed Dove Hawk 2013We remind readers that the voting members of the 2013 FOMC are strongly leaning towards dovish policy (see details of its composition). Dovish economists have a common understanding: the reverse Volcker moment implies that QE3 is open-endedThe only thing the Fed might discuss is the quantity of monthly asset purchases but not an early end.

George Dorgan
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers. George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.
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