Fed to Buy Extra $600 Billion of Treasuries to Boost Growth

Posted by Scott Boyd at 2:35 pm UTC, 11/03/2010

The Federal Reserve will buy an additional $600 billion of Treasuries through June, expanding record stimulus and risking its credibility in a bid to reduce unemployment and avert deflation.

Source: Bloomberg

Filed under: Forex Round Up, USD

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Fed to Buy Extra $600 Billion of Treasuries to Boost Growth

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