Observers Say Fed Will Buy $500 B in Bonds

Posted by Scott Boyd at 9:33 am UTC, 11/02/2010

Analysts predict the Federal Reserve will announce a second round of quantitative easing – dubbed “QE2″ – beginning with $500 billion reserved for bond purchases. Fed policy makers are scheduled to meet today with details expected to be released tomorrow.

Source: Bloomberg

Filed under: Forex Round Up, USD

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Observers Say Fed Will Buy $500 B in Bonds

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