U.S. Federal Reserve today launched the second phase of its quantitative easing program, the so-called QE2, saying it will buy up to $600 billion more in long-term U.S. Treasury bonds to help stimulate a U.S. economy that’s growing too slowly.
Continue reading The Fed Tries Again: It’ll Buy $600 Billion in Bonds
The Fed Tries Again: It’ll Buy $600 Billion in Bonds originally appeared on DailyFinance on Wed, 03 Nov 2010 15:30:00.
Filed Under: Economy