Don't Look for Fed to Taper Anytime Soon

This time five weeks ago, markets were ready and waiting for the Federal Reserve to begin its "taper," the beginning of the end of its program of pumping billions of dollars into the economy by buying bonds.

Not only did Fed leaders elect to sit on their hands at that meeting; now the smart money thinks they won't even start to slow their bond buying until this coming spring! That's all the more remarkable given that there has been no radical shift in the tenor of economic data, just a series of mild disappointments, of which the September jobs report issued Tuesday morning was the latest example.

Source: http://www.realclearpolitics.com/2013/10/22/don039t_look_for_fed_to_taper_anytime_soon_318383.html
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