“The Federal Reserve could expand its stimulus package to include assets other than mortgage-backed securities if the U.S. economy fails to respond to its latest effort to jump-start the economy. ‘Unlike our past asset-purchase programs, this one doesn’t have a preset expiration date,’ said San Francisco Fed President John Williams at a speech at the City Club on Monday. ‘Instead, it is explicitly linked to what happens with the economy. We might even expand our purchases to include other assets,’ he said.”
http://finance.yahoo.com/news/fed-williams-qe3-asset-purchases-223514697.html
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Indianapolis "Officer of the Year" attacks man in under 16 seconds of conversation
U.S. Deal With JPMorgan Followed a Crucial Call To Justice Department
Flipping Off Police Officers Constitutional, Federal Court Affirms
West Virginia officer fired after refusing to shoot man with unloaded gun
Stockman: GOP made budget deal a 'joke and betrayal'
Greek bank stocks hammered again
In one Florida county, nicotine is a banned drug
Fishermen still fighting Fukushima’s aftermath
America’s private prison system is a national disgrace
Huntington’s gene therapy breakthrough may stop disease
Judge Napolitano: Obama Admin Must Be Shamed Into Prosecuting IRS Officials
Why sales is a hot new job
Glenn Greenwald Interview: Low-Level NSA Analysts Have 'Powerful and Invasive' Search Tool
Mandatory Sentences Face Growing Skepticism
Most people expect to be worse off than parents – except U.S., Chinese