Goldman Sachs contends that the next FED HIKE may not occur until 2015 (Zerohedge) with Jan Hatzius of the opinion that any chance of a moderation in liquidity (let alone an exit) is highly improbable. The blog suggests that the US economy could go 'down in flames' as the Fed lines citizens' pockets courtesy of zero cost debt denominated in 'worthless Dollars'.
Meanwhile, FED VP YELLEN said the CB has no choice, but to try and contain future bubbles and credit binges (NYT). Although she said keeping rates low could provide the basis of another build up in leverage/excessive risk taking she did not affirm that such risks should stop (or deter) the Fed from resuming QE to support the economy. Supervision & regulation must be the main line of defence against financial system risks as monetary policy has other objectives. Yellen is in the infl dove camp (ie focusing on unemployment over inflation).

هل معنى هذا ان زوج اليورو دولار قد يسجل صعود
هل الان مسجل صعود من اخر لو اليوم حوالى 30 نقطة
ما رايكم