The bigger policy uncertainty is about the more immediate prospect that the Fed may soon reduce its purchases of long-term assets – so-called quantitative easing. Bernanke continues to stress that shifts in the pace of bond buying will depend on how well the economy is doing.
En consecuencia, no sorprende que el mercado esté confundido sobre la probable conducta de la tasa para fondos federales durante los próximos 24 meses.