Monday, December 10, 2012 - 6:38 AM

Fed Meets Tuesday: More Bond Buying On Way?

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.

KenBDG5,147 posts since
Nov 29, 2009
Rep Points: 117,067

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".

Shorebreak1,301 posts since
Apr 6, 2010
Rep Points: 4,906

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!

paoli2456 posts since
Aug 10, 2011
Rep Points: 1,798