Author: jonnytomorroe

Should the Federal Reserve taper its bond buying program?

Since Quantitative Easing 3(QE3) started in September2012 the Federal Reserve  began purchasing 40 billion dollars worth of mortgage-backed securities a month. Four short  months later they started buying an additional $45 billion dollars worth of treasury bonds each month for a grand total of $85 billion a month.  The theory behind this plan is: the

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