Economy Still Needs the Fed

Given current fiscal tightness and low inflation rates, tapering monetary stimulus too severely is riskier than continuing the program, says Morningstar's Bob Johnson.

Jason Stipp 19.12.2013 | 10:04 Robert Johnson, CFA

 

Jason Stipp: The Federal Reserve announced on Wednesday that it would reduce its monthly bond purchases to $75 billion from $85 billion.

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Jason Stipp  Jason Stipp is Site Editor for Morningstar.com

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