Fed Sets Open-Ended Asset Purchases to Spur Growth; Extends Low Rates Into 2015.

Last edited Thu Sep 13, 2012, 12:57 PM USA/ET - Edit history (3)

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Source: NYT

edit: would expand its holdings of mortgage-backed securities, and potentially undertake other new policies, until unemployment drops sufficiently or inflation rises too fast.

The Fed said that it will add $23 billion of mortgage bonds to its portfolio by the end of September and then announce its plans for October as part of a new process that aims to prioritize the Fed’s economic objectives.

Read more: http://www.nytimes.com/2012/09/14/business/economy/fed-announces-new-round-of-bond-buying-to-spur-growth.html?_r=1&hp

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Replies to this discussion thread

4 replies	Author	Time	Post
Fed Sets Open-Ended Asset Purchases to Spur Growth; Extends Low Rates Into 2015. (Original post)	elleng	Sep 2012	OP
does that mean we're going to sell	BlueToTheBone	Sep 2012	#1
QE3: keeping our 401Ks out of safe investments and in the stock market.	Warren Stupidity	Sep 2012	#2
What we're doing is working so well, we'll keep on doing it?	askeptic	Sep 2012	#3
Locking - duplicate	cyberswede	Sep 2012	#4