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Author: tim443 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 461040  
Subject: Re: Federal Reserve to spend $45B month Date: 12/12/2012 9:23 PM
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Scheesch guys, get the full story for the guys own mouth will yah!!!

Oh in the later question and answer period he says he is not looking for a new job... to bad we are going to be looking for someone to replace Carney.

Comment the one of the objects is to force investors into higher risk products... wouldn't that be good for the stock market?


Any <speaking of slinky> mouse

http://www.bnn.ca/News/2012/12/12/Fed-ramps-up-stimulus-to-s...

Fed makes new rate pledge, ups stimulus

In an unprecedented step, the Federal Reserve said on Wednesday it would hold interest rates near zero until the U.S. unemployment rate falls to 6.5 percent as it launched a new round of bond purchases to stimulate the economy.

The central bank said its commitment to hold rates steady until its new threshold was reached would hold as long as inflation was projected to be no more than 2.5 percent one or two years ahead and inflation expectations were contained.
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