Bernanke in his news conference essentially just said those targets mentioned two hours ago are just that, targets and not an ultimatum to stop easing. So in essence, they mean nothing specific to stopping easing. Specifically he gave an example of where unemployment fell below 6.5% in the future does not act as a trigger to stop easing alone.
If it *did* matter the Fed forecast is no drop below 6.5% until mid 2015. So one would think easy rates until mid 2015… but like I said in previous paragraph he just said that target being reach does not mean the Fed stops easing.
Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund's holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog