{"id":19491,"date":"2013-09-01T23:39:52","date_gmt":"2013-09-02T06:39:52","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=19491"},"modified":"2013-09-01T23:39:52","modified_gmt":"2013-09-02T06:39:52","slug":"federal-reserve-wariness-toward-housing","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2013\/09\/01\/federal-reserve-wariness-toward-housing\/","title":{"rendered":"The Federal Reserve’s Wariness Toward Housing"},"content":{"rendered":"

(This is an excerpt from an article I originally published on Seeking Alpha on August 26, 2013. Click here to read the entire piece<\/a>.)<\/strong><\/p>\n

The release of the minutes for the Federal Reserve’s last policy meeting<\/a> caused a lot of churn in financial markets, especially in currencies. I read contradicting headlines with one interpreting the minutes as confirming the Fed will taper in September and another headline insisting that there remains much disagreement about the timing of tapering. Given the headline churn, I decided to read these minutes for myself. I concluded that it is not safe to conclude we learned anything new about the Fed’s timeline for tapering. Various comments cmoing out the Jackson Hole confab further confirmed bthis conclusion.<\/p>\n

Steve Liesman from CNBC interviewed several Fed presidents<\/a> on the issue of tapering. {snip}<\/p>\n


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