<p>The Fed Is Beginning To Remove The Punchbowl… Are You Ready For What’s Coming?</p>
<p>Consider its recent FOMC minutes released on January 3 2013.</p>
<p>With regard to the possible costs and risks of purchases, a number of participants expressed the concern that additional purchases could complicate the Committee’s efforts to eventually withdraw monetary policy accommodation, for example, by potentially causing inflation expectations to rise or by impairing the future implementation of monetary policy.</p>
