The Fed Vows to Continue Its Controversial Easing Measures
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The Fed
Unsurprisingly the Fed intends to pursue their efforts to revive the flailing US economy for some time to come. The Federal Reserve highlighted the high rate of unemployment and the flagging inflation as to why they would need to carry on purchasing $85 billion worth of mortgage backed treasuries and securities every month.
So far this QE measure has pumped USD2.5 trillion Read full article