Fed officials stoke QE market fears

August 7, 2013 | Last updated on August 7, 2013
1 min read

Yesterday, a U.S. Federal Reserve official stoked market fears by once again stating QE easing may soon begin.

As MarketWatch reports, Chicago Fed President Charles Evans expects U.S. economic growth to surge to 2.5% in the next quarter, a major increase over the average of 1% seen this past year. Though Evans wouldn’t predict when the Fed’s asset buying might slow, his remarks have already had an impact on global markets.

MarketWatch adds another official hinted slowing could begin as early as next month, as suggested by Bernanke previously. Read more.

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