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re: Fed keeps buying bonds at $85 billion monthly pace
Posted on 6/19/13 at 1:44 pm to OnTheBrink
Posted on 6/19/13 at 1:44 pm to OnTheBrink
In the FOMC statment it also reitierated that the federal funds rate will remain at 0 to 1/4 as long as unemployment remains above 6.5% and inflation is below 2%.
Overall, very similar statment to the last few, with a continued purchase of 45B / month of long term treasury securities and 40B / month of MBS.
Overall, very similar statment to the last few, with a continued purchase of 45B / month of long term treasury securities and 40B / month of MBS.
1
Posted on 6/19/13 at 2:05 pm to LSU0358
The Fed Funds target rate will be at 0.25% for at least the next 2 years, more than like 3.
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