FBC Countdown To The Closing Bell August 7, 2013
Ito begins right now. Good afternoon, everybody. Im liz claman, the last hour of trading. Well, another fed president to says depending upon certain metrics we should be ready to start tapering. The president of the Cleveland Federal Reserve Bank said this you would be ready to scale back the debt fed Bond Buying Program if the labor market continues to improve, but she did not specify the timing on this. Nonetheless, she is saying if we continue on this introductory we have been following right now, it should be time to soon start tapering. We will ask former treasury secretary paul oneill ab...