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Strategies & Market Trends : The coming US dollar crisis

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To: Roads End who wrote (22002)8/12/2009 7:20:44 PM
From: Giordano Bruno  Read Replies (2) of 71463
 
Its wide open > In addition, the Federal Reserve is in the process of buying $300 billion of Treasury securities. To promote a smooth transition in markets as these purchases of Treasury securities are completed, the Committee has decided to gradually slow the pace of these transactions and anticipates that the full amount will be purchased by the end of October. The Committee will continue to evaluate the timing and overall amounts of its purchases of securities in light of the evolving economic outlook and conditions in financial markets. The Federal Reserve is monitoring the size and composition of its balance sheet and will make adjustments to its credit and liquidity programs as warranted.

money.cnn.com
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