Bernake

QE3 Announced and What It Means For You

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[Update – Fed Undertakes QE3] The Federal Reserve has confirmed market expectations of a new round of quantitative easing, known as QE3. The new round of easing will be done by expanding its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month. The focus, as discussed in the update […]

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