BLOOMBERG In The Loop With Betty Liu February 27, 2014
It is unusual. The tradition is the chairman will deliver the exact same testimony the day after. We expect the same thing today. No indication well get a dramatically different message. She said basically the Economic Forecast looks like it is holding. Take a look at what you said. We are likely to continue reducing the pace of our purchases in measured steps. We also indicated this program is not on a preset course. It means if the Committee Judges there to be a change in the outlook, it would reconsider what is appropriate with respect to the program. We have gone weak economic numbers. Sal...