Congress Relief as US Fed Says No Taper

India's ruling Congress must be breathing a sigh of relief as the US Federal Reserve decides not to taper its Quantitative Easing program:



http://www.usatoday.com/story/money/markets/2013/09/18/stocks-sp500-record-high/2830409/

With the withdrawal of the inflation-vigilant Larry Summers from the race for Bernanke's replacement, America may be headed for stagflation-lite over the remainder of Obama's term.