Wednesday, March 18, 2009

A lot in very little time:

Fed statement:
To provide greater support to mortgage lending and housing markets, the Committee decided today to increase the size of the Federal Reserve’s balance sheet further by purchasing up to an additional $750 billion of agency mortgage-backed securities, bringing its total purchases of these securities to up to $1.25 trillion this year ...


Just remember.

They are making it all up as they go.

By Anonymous Anonymous, at 3/19/2009 6:50 PM  

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