The Undollar Digest

Fed Moves Toward Open-Ended Bond Purchases to Satisfy Bernanke

Zumbrun and Kennedy 09/03/2012 www.bloomberg.com

Federal Reserve Chairman Ben S. Bernanke says the U.S. economy is “far from satisfactory.” His colleagues are moving to embrace policies that will stay in place until he’s satisfied.
Four Fed presidents have come out in favor of an open-ended strategy for bond buying, with three calling for the program to begin now. Rather than specify [...]


You must be logged in to view the rest of this article

Users are required to register with our site before viewing this article. Registration is FREE! If you are already registered you may sign in below.

If you are not signed up you may do so in the form on the left. A username and password will be emailed to you.