The Fed Tries Again: It’ll Buy $600 Billion in Bonds

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…

Street Smart: Here Comes QE2, but Do You Know What It Means? [VIDEO]


Drop the term QE2 and many people will think you are talking about the British monarch or a luxury ocean liner. But actually, it refers to the second stimulus plan that is about to hit our economy.

Continue reading Street Smart: Here Comes QE2, but Do You Know What It Means? [VIDEO]

Street Smart: Here Comes QE2, but Do You Know What It Means? [VIDEO] originally appeared on DailyFinance on Mon, 01 Nov 2010 17:00:00.

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