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FOMC Announcement: No change in policy - MBS purchases will be maintained at $40B/month,...

FOMC Announcement: No change in policy - MBS purchases will be maintained at $40B/month, Treasury purchases (Operation Twist) will be maintained at $45B/month, and rates are expected to stay near zero until mid-2015. The Richmond Fed's Jeff Lacker continues to dissent from FOMC policy.
Comments (2)
  • Interesting Times
    , contributor
    Comments (9672) | Send Message
     
    What a shocker!!
    24 Oct 2012, 02:37 PM Reply Like
  • Gary Jakacky
    , contributor
    Comments (2367) | Send Message
     
    What a waste. What that 40B could do if left in the private sector.
    24 Oct 2012, 04:32 PM Reply Like
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