Fed will change the monthly QE3 purchase size/type by Feb 2014 (now $40b MBS a month)
Created by RandomThinker on 2012-09-15; known on 2014-02-01; judged right by RandomThinker on 2014-07-07.
- RandomThinker estimated 65% on 2012-09-15
- William-Quixote estimated 90% on 2012-09-16
- RandomThinker said “Almost timed it perfectly, 18 months in advance. QE taper started Jan 2014.http://money.cnn.com/2014/01/07/investing/fed-qe-end-survey/” on 2014-07-07
- RandomThinker judged this prediction right on 2014-07-07.
- RandomThinker said “Of course in December 2012 they actually upped it to $85b a month. Should have more clear about increase or decrease. http://www.forbes.com/sites/afontevecchia/2012/12/12/qe4-is-here-bernanke-delivers-85b-a-month-until-unemployment-falls-below-6-5/” on 2014-07-07