An updated read on consumer prices comes Friday, a day after the FOMC's policy announcement. That's one reason Scott DiMaggio of AllianceBernstein believes the Fed will hold off on aggressive easing and instead just push out its rates-on-hold guidance to 2015. "It's a different story now from QE1, QE2. Inflation then was closer to 1%." He adds that for an economic jumpstart, "it really has to come from more clarity from the fiscal side."
Find us on Google+
No comments:
Post a Comment