Federal Reserve: Unlimited Quantitative Easing on the Way

Because you can always spend your way out of trouble

The Federal Reserve decision is out, and it's a biggie.

There are two main components.

The first is that the Federal Reserve has extended its guidance for low rates through 2015.

The second is that there's going to be open ended quantitative easing.

The Federal Reserve will buy $40 billion worth of Mortgage Backed Securities without end.