{"id":40005,"date":"2013-07-12T12:38:22","date_gmt":"2013-07-12T16:38:22","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=40005"},"modified":"2013-07-12T12:38:22","modified_gmt":"2013-07-12T16:38:22","slug":"video-jeff-reeves-and-charles-sizemore-discuss-bernankes-latest-comments","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/07\/12\/video-jeff-reeves-and-charles-sizemore-discuss-bernankes-latest-comments\/","title":{"rendered":"VIDEO: Jeff Reeves and Charles Sizemore Discuss Bernanke\u2019s Latest Comments"},"content":{"rendered":"

By The Sizemore Letter<\/u><\/a> <\/p>\n

\nFrom Jeff Reeves at The Slant:<\/em><\/p>\n

\n

Federal Reserve Chairman Ben Bernanke said Wednesday that \u00a0central bank policy in the U.S. will stay loose \u201cfor the foreseeable future\u201d amid low inflation and high unemployment.<\/p>\n

It was off to the races for stocks as a result, with the major indexes pushing to new highs.<\/p>\n

Bernanke \u00a0spoke in Cambridge, Mass., to the National Bureau of Economic Research. But it\u2019s not the first speech of his that investors and market pundits have parsed closely for insights into talk about \u201ctapering\u201d of Fed policy in the coming months.<\/p>\n

Bernanke caused waves when he said the Fed likely will reduce its stimulus later this year and end it by mid-2014, with investors worried that the central bank is taking its foot off the gas too soon in regards to its $85 billion monthly bond buying program known as \u201cquantitative easing.\u201d<\/p>\n

So is this really news? Charles Sizemore and I don\u2019t think it really is.<\/p>\n

And what\u2019s next? Well, we both feel pretty optimistic.<\/p>\n<\/blockquote>\n

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