Tapering Is Nothing Compared to the Fed’s Real Challenge: Funk

The wind down of QE3 is only one part of the extraordinary measures currently in place, and when the time comes to actually increase, or normalize, interest rates, it is going to be much harder, says Bob Funk, the former chairman of the Federal Reserve Bank of Kansas City.

via Business News http://finance.yahoo.com/blogs/breakout/tapering-nothing-compared-fed-real-challenge-says-funk-113125348.html