Fed Seen Pumping Up Assets to $4 Trillion in New Buying

Posted by Forexsq 689 days ago (http://www.bloomberg.com)
img The Federal Reserve will amplify record accommodation tomorrow by announcing $45 billion in monthly Treasury buying that will push its balance sheet almost to $4 trillion, according to a Bloomberg survey of economists.

Forty-eight of 49 economists predict the Federal Open Market Committee will purchase Treasuries to bolster an existing program to buy $40 billion in mortgage bonds each month. The panel pledged in October to continue that plan until the labor market improves ‚Äúsubstantially.‚ÄĚ

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