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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (32932)12/3/2010 7:10:15 PM
From: DebtBomb  Read Replies (2) | Respond to of 71456
 
Sunday night? QE3? Dec. 3, 2010, 4:52 p.m. EST

CBS: Bernanke doesn't rule out more bond-buys
WASHINGTON (MarketWatch) - Federal Reserve Board Chairman Ben Bernanke will tell "60 Minutes" that he won't rule out expanding the Fed's $600 billion bond-purchase plan, CBS News said Friday. In a preview of the interview sent in a press release, CBS said Bernanke "explains why the Fed announced its intention to buy $600 billion in Treasury securities, defending against charges the move will lead to inflation and not ruling out the purchase of more." U.S. financial markets rallied in closing minutes of the trading day after the release was sent out shortly after 3:30 p.m.
marketwatch.com