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.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?