While you were sleeping Fed officials confuse

Mon, 23 Sep 2013

Sept. 24 (BusinessDesk) – Wall Street fell as investors weighed comments from various US Federal Reserve officials following last week's surprise decision by the central bank not to cut back its monthly bond-buying program. "The more people who speak from the Fed in one day, the less clarity there is,” Richard Sichel, who oversees about US$1.9 billion as chief investment officer at Philadelphia Trust, told Bloomberg News. “People will be hanging at every word that’s said for more clues about our monetary policy.” Fed Bank of New York Preside...

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