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Exactly exactly exactly What the Fed wasn’t telling anybody is the fact that it generally does not need to fatten-up to resolve the book shortage.

Exactly exactly exactly What the Fed wasn’t telling anybody is the fact that it generally does not need to fatten-up to resolve the book shortage.

2-3 weeks ago, http://www.speedyloan.net/reviews/money-mutual/ included in its work to avoid instantly prices from rising over the Fed’s target range, and particularly to prevent dramatic instantly rate surges such as the the one that took place mid-September, the Fed announced so it would quickly start acquiring assets once more. The Fed plans to purchase $60 billion in Treasury securities each month, or a total of somewhere between $250 and $300 billion, adding as many reserves to the banking system over the course of the next two quarters. (more…)

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