The Federal Reserve bought $7.3 billion worth of U.S. Treasuries Friday as it started a second round of quantitative easing meant to stimulate the nation’s economy, media reports indicate. The QE2 plan, designed to boost job cr…
As the G-20 meets in South Korea, many world leaders have stepped up their complaints about the Fed’s $600 billion quantitative easing program, as well as the rapid flow of capital into emerging markets. Some countries are inst…
A day after announcing a second round of quantitative easing, Fed Chairman Ben Bernanke responded to critics in a Washington Post op-ed that explains how the program will work and why it won’t spark inflation.
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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 gro…
It’s clear the U.S. economy is suffering from a lack of demand. So, this poor report will likely bolster Fed officials who want to keep interest rates low and employ more quantitative easing.
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