Tag Archives: QE3

Bix Weir – Let the Games Begin! – 13 September 2012

LET’S THE GAMES BEGIN!

The Fed announced the beginning of QE3 with $40B in purchases of Mortgage Backed Securities PER MONTH without stating any end date or dollar amount. Here is the statement:

http://www.federalreserve.gov/newsevents/press/monetary/20120913a.htm Continue reading