Forex Blog

November 3, 2010

Fed to Buy Extra $600 Billion of Treasuries to Boost Growth

Filed under: OANDA News — Tags: 600-billion, and-avert, expanding-record, federal, federal-reserve, forex round up, reduce-unemployment, risking-its, stimulus-and, treasuries, usd, will-buy — admin @ 6:35 pm

The Federal Reserve will buy an additional $600 billion of Treasuries through June, expanding record stimulus and risking its credibility in a bid to reduce unemployment and avert deflation.

Source: Bloomberg

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