ZeroHedge – Tyler Durden – Markets “Taper” On Fed’s Rosengren Warnings On QE Costs To Financial Stabillity – 5 November 2013

Overnight weakness from China’s ‘taper talk’ has been exaggerated this morning as Fed’s Rosengren, speaking on CNBC, warned that while inflation was not a problem, the costs of QE were a potential problem and risk to financial stability.

• *ROSENGREN SAYS FED MUST BE ATTENTIVE TO POSSIBLE QE COSTS
• *ROSENGREN SAYS `WE’RE IN UNUSUAL TIMES’ WITH FED POLICY

This somewhat hawkish tone sent the USD higher in a hurry, Treasury yields higher and US equities lower as the ‘market’ reacts to every headline once again.

Read the whole story and see the charts at:  www.zerohedge.com / link to original article

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