|
That Fed Announcementby Jeffrey Tucker, Mises Economics BlogNov. 03, 2010 |
Popular 
Bill Kristol: My Fellow White Americans Are 'The Enemy'
Biden's Lebanon Envoy, Ex-Israeli Soldier Amos Hochstein, Gave Israel 'Green Light' to Invade Lebanon
Israel Detains American Journalist for Reporting on Damage from Iran's Strikes [UPDATE]
Journalist Jeremy Loffredo Released After Four Days in Israeli Detention, Ordered Not to Leave
WATCH: New Film 'Atrocity Inc' Exposes How Israel Lied About October 7th to Justify Genocide
 The figure that everyone has been waiting for: $600 billion. “In addition, the Committee intends to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a pace of about $75 billion per month. ” 10-year and 3-year rates immediately shot up on the announcement, which is probably not what the Fed wanted but reflects expectations of price inflation down the road. 
|
