fed governor makes the case for more qe

Markets Are Rising After Fed Governor Makes The Case For More QE

Joe Weisenthal|Jun. 6, 2012, 10:01 PM

Fed Governor Janet Yellen gave a speech tonight, and it's widely interpreted as being pretty dovish.

Futures are up again on the news, as it's being taken as an endorsement of more QE.

Remember, a big factor in today's rally was yesteday's reprot by Jon Hilsenrath in the Wall Street Journal suggeting that QE was now on the table.


Read more: http://www.businessinsider.com/janet-yellen-four-things-that-could-still-slam-the-economy-2012-6#ixzz1x63Pzftv