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What "Significant Improvement" In Economic Data Is Bernanke Looking For Before Tapering QE?

2013-09-20 146 Dailymotion

<p>Peter Cardillo, chief market economist at Rockwell Global Capital, discusses the Federal Reserve&#39;s decision not to taper the central bank&#39;s $85 billion-a-month bond-buying program and what "significant improvement" in economic data Fed Chairman Ben Bernanke and policy-makers are looking for. In addition, Cardillo weighs in on what to watch for on next week&#39;s economic calendar, including durable goods orders, housing data such as the FHFA Housing Price Index, new home sales and pending home sales, as well as personal income and consumer spending.  </p>

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