Just think, the FED will only be pulling 2/3's of a $TRILLION$ dollars out of thin air per year. Here's comes more inflation..................................
I suppose they will quit when Buckwheat leaves office and the world will think he's a savior for running a false economy that has to come to an end at some point?
I suppose they will quit when Buckwheat leaves office and the world will think he's a savior for running a false economy that has to come to an end at some point?
Fed Cuts Monthly Asset Purchases To $55 Billion Maintaining Taper Pace, Market Awaits Yellen Remarks
forbes.com | March 19, 2014 | Samantha Sharf
In her first Federal Open Market Committee meeting as head of the Federal Reserve Janet Yellen made good on her promise of continuity, again cutting back the central bank’s asset purchases.
On Wednesday, the FOMC announced a third $10 billion reduction in quantitative easing, reducing its monthly bond purchases to $55 billion and keeping with Fed watchers’ tapering exceptions. The Fed will cut monthly mortgage bond purchases to $25 billion from $30 billion. Treasury purchases will go from $35 billion to $30 billion.