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 Economists: Fed Plans More Easing, Possibly Costing $1 Trillion

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PostSubject: Economists: Fed Plans More Easing, Possibly Costing $1 Trillion   Sun Jan 22, 2012 4:48 pm

Economists: Fed Plans More Easing, Possibly Costing $1 Trillion

Consensus is building fast that the Federal Reserve will roll out a third round of quantitative easing, possibly as high as $1 trillion and likely by the end of January, economists say. Fed Chairman Ben Bernanke has carried out two rounds of quantitative easing, in which the central bank buys assets from banks with freshly printed money with the aim of steering the economy away from deflation and contraction. The Federal Open Market Committee, which sets monetary policy, meets next week.



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PostSubject: Re: Economists: Fed Plans More Easing, Possibly Costing $1 Trillion   Sun Jan 22, 2012 9:50 pm

I like the sound of this...very good for all the peeps of the U S ...rick152

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