Happy Thursday. Ben Bernanke has chaired his last Federal Reserve meeting, but we at the morning six-pack carry on.
The central bank has cut down on its supply of happy juice to Wall Street, which can only mean one thing: Buy bonds. (Wall Street Journal)
Quantitative easing is fading away ostensibly because the employment picture is getting better and the economy is starting to show signs of sustainability. Or maybe not, particularly if you're of a certain age and without a job. (The Guardian)