Author Topic: Fed Folds: Will Do Open-Ended MBS Buying, Extends Operation Twist  (Read 104 times)

Matty

Fed Folds: Will Do Open-Ended MBS Buying, Extends Operation Twist
« on: September 13, 2012, 09:59:23 AM »
http://www.zerohedge.com/news/fed-folds-will-do-open-ended-mbs-buying-extends-operation-twist

*FED TO KEEP POLICY STIMULATIVE FOR `CONSIDERABLE TIME'
*FED WILL ADD TO PURCHASES IF LABOR MARKET DOESN'T IMPROVE
*FED DOES NOT SAY WHEN MBS PURCHASE PROGRAM TO END
*FED TO BUY $40B MBS MONTHLY, CONTINUE `OPERATION TWIST'
*FED TO BUY MBS, EXTENDS ZERO-RATE POLICY INTO 2015

so further moves from USD as global reserve currency, hyperinflation thesis remains likely, global economic instability/wars :P