PIMCO’s Gross says Fed minutes hint QE could be ‘at risk’ later in 2013

February 20, 2013, 2:55 PM

 http://blogs.marketwatch.com/thetell/2013/02/20/pimcos-gross-says-fed-minutes-hint-qe-could-be-at-risk-later-in-2013/

Pimco’s Bill Gross tweeted shortly after the Fed’s latest minutes were released that the discussions  suggest continuation of the Fed’s asset purchase program may be at risk later this year if the U.S. economy improves.
The Fed minutes suggest that many participants in the open markets committee appeared concerned about the effects of loose money policies.
The Fed had previously indicated that it was targeting a sharply lower unemployment rate of 6.5% before it would exit its quantitative easing programs.
But the latest minutes show a good deal of discomfort with the policy.
Here’s the tweet from Gross: