The Federal Reserve announced today that it was continuing its program to buy $85 billion a month of Treasury bonds and mortgage-backed securities. All summer long market watchers expected to fed to taper down its bond-buying. Now we have yet another announcement of no taper at all. It sounds to many that the Fed has changed its plan.
The Federal Reserve announced today that it was continuing its program to buy $85 billion a month of Treasury bonds and mortgage-backed securities. All summer long market watchers expected to fed to taper down its bond-buying. Now we have yet another announcement of no taper at all. It sounds to many that the Fed has changed its plan.
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