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Tag: Russ Martens

Fed President Drops a Bombshell Yesterday: Fed Removed QE3 Too Soon

by Pam Martens and Russ Martens Wall Street on Parade The monetary policy arm of the U.S. central bank, the Federal Open Market Committee (FOMC), is getting hammered this week. On Monday, two researchers at the Federal Reserve Bank of San Francisco chastised the FOMC for effectively wearing rose-colored glasses since 2007 and getting the rate of economic growth mostly dead wrong. (More on that[...]