I thought Yellon was the Queen of money printing!!!!!!
remember that
wasn't she going to increase QE? put Bernanke to shame??????????...
Gold market bounced and went nuts when Summers withdrew and Yellon was announced,,,seems she is lowering the round robin asset buying program and not radically expanding programs
Poor old schiffo et all,,,,yellon not providing the increase of accommodations they predicted,,and she hasn't stopped reductions as they predict month on month and she certainly doesn't sound as though the FED is in emergency mode...