Chesterfield Online Forum

General Category => Politics => Topic started by: Pete on September 13, 2012, 08:49:12 PM

Title: Fed announces bond-buying stimulus to spur economic growth
Post by: Pete on September 13, 2012, 08:49:12 PM

"The Federal Reserve stepped in Thursday to prop up the fragile US economic recovery by announcing a rolling program to buy $40bn a month in mortgage-backed securities.

The widely anticipated move – dubbed QE3, for quantitative easing – comes after Fed chairman Ben Bernanke had said he was increasingly concerned about the US recovery."

Could be interesting...

Title: Re: Fed announces bond-buying stimulus to spur economic growth
Post by: Pete on September 21, 2012, 07:58:51 PM

No takers?