Markets will start testing Fed to see if QE is really over, former Fed aide tells KWN

Section:

9:15p ET Wednesday, October 29, 2014

Dear Friend of GATA and Gold:

Former Federal Reserve official Andrew Huzsar tells King World News tonight that the markets are likely to start testing the Fed's commitment to end the bond monetization of "quantitative easing."

"I see a tug of war between the Fed and the market," Huszar says, "because the Fed ultimately does want to disengage from being so active in key markets. Today the Fed used language that implied that they may raise interest rates sooner. I strongly believe that the market will effectively push back against the Fed and this will create bouts of enormous volatility."

An excerpt from Huszar's interview is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/29_M...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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