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Fed Meets Tuesday: More Bond Buying On Way?

Monday, December 10, 2012 - 6:38 AM
From USA Today
The Federal Reserve this week is expected to take another step to stimulate the lackluster recovery by buying more Treasury bonds to push down long-term interest rates.

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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,633
1. Monday, December 10, 2012 - 7:44 AM
What we have is QE4,5,6,7, etc. The senseless continuation of a ZIRP (Zero Interest Rate Policy) by the Federal Reserve under Chairman Ben Bernanke. Printing money out of thin air and "buying more Treasury bonds to push down long-term interest rates".
ShorebreakShorebreak2,675 posts since
Apr 6, 2010
Rep Points: 14,523
2. Monday, December 10, 2012 - 9:06 AM
What we also have is job security for Ken;    more people who will need his Blog/Forum to lap up whatever 2% CDs are still available.  Then again, at the rate the Fed is going, we'll be trying to grab even 1.5% CDs!
paoli2paoli21,400 posts since
Aug 10, 2011
Rep Points: 6,132