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Author Topic: Fed announces bond-buying stimulus to spur economic growth  (Read 1187 times)

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Pete

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    • Peter Maycock - Chesterfield
Fed announces bond-buying stimulus to spur economic growth
« 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...
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Pete

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    • Peter Maycock - Chesterfield
Re: Fed announces bond-buying stimulus to spur economic growth
« Reply #1 on: September 21, 2012, 07:58:51 PM »
No takers?
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