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Saft Says: No tampering with taper this year

Wednesday, July 10, 2013 - 01:59

July 10 - Reuters columnist James Saft don't expect the Fed to start tapering its stimulus program this year, only thing tapering is Fed expectations of a stimulus reduction.

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-- columnist James. Well minutes from the engineer. And the only thing I can see -- -- expectation is that there actually yes lowdown on buying any suit. Since its role of the key voting. -- at the rate setting federal open -- -- we're looking for asset purchases slowed soon. But -- and remember they're very big. People this is. Wanna see more improvement in the jobs. Where he went. People who. More recruitment. So I wanted to see shyness at the economy's getting better and it's not just the job market that's burning but actual celebration economy before we went. Means in short is that we're gonna have to see more data and we have to see different and better act before anything. At least unless somebody changed every morning. Generally a good thing he doesn't come as a surprise if -- its second quarter -- US was. Probably only about 1%. It's fantastic that some friend or. -- -- Also the fact is inflation into anything is going to -- direction so why you would want to be tightening at this -- Camcorders. And we have. That's a good job numbers and their real signs over the line and market. It's not strong enough yet to get -- me so really. I think it may well have been a tempest in the teapot stuff that happened in May and June with people expecting them to taper amber. I'm not looking for that anymore this is going to be positive for equity market's positive generally for all security markets. And that we are really in practice sustained and ongoing evidence of the change -- US economy before we see anything different. With the way the rest of the world is looking. It's not gonna happen this year.

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Saft Says: No tampering with taper this year

Wednesday, July 10, 2013 - 01:59