FOMC Statement: Fed on Autopilot, Will Reduce Buying Agency Paper

The Prudent Investor | Wed, 11/04/2009 - 5:01pm | Add a comment

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The Federal Reserve is set to continue its ZIRP (zero interest rate policy) until spring 2010. According to the statement released after the latest 2-day meeting of the Federal Open Market Committee (FOMC) the Fed kept its key interest rate unchanged at the level of 0% to 0.25%. While the Fed sees
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I am an INDEPENDENT Certified Financial Analyst (OeVFA, EFFAS) who worked as a financial journalist for 15+ years and now evaluate global market trends. Analyzing financial and political news permanently I want to share my insight with those who understand that we approach an era of global redistribution of wealth. The US-European centric approach will not work much longer. Five billion people in the developing countries will demand their fair share of the world's resources.

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FOMC Statement: Fed on Autopilot, Will Reduce Buying Agency Paper

The Prudent Investor | Wed, 11/04/2009 - 5:01pm | Add a comment

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