Fed Adopts "Throw The Kitchen Sink" Policy

Mike Shedlock | Thu, 01/29/2009 - 11:45am | Federal Open Market Committee, inflation targeting, interest rates, keeping the economy afloat, long dated treasuries, target inflation rates, The Fed, unconventional monetary policy | Add a comment

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The Fed is using all the tools it has available including a threat to buy long dated treasuries to break the downward spiral of the economy. The Federal Open Market Committee kept its interest rate target in a range of zero to 0.25%, as expected. Rates will need to stay close to zero for
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Stock Investing > Mishs Global Economic Trend Analysis

Fed Adopts "Throw The Kitchen Sink" Policy

Mike Shedlock | Thu, 01/29/2009 - 11:45am | Federal Open Market Committee, inflation targeting, interest rates, keeping the economy afloat, long dated treasuries, target inflation rates, The Fed, unconventional monetary policy | Add a comment

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