Federal Reserve expected to restart program of buying US Treasury bonds to boost money supply in US economy
Oct 13th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Federal Reserve policymakers signalled at their September meeting of the rate setting Federal Open Market Committee (FOMC) support for restarting a program of buying US Treasury bonds and members debated ways raise expectations for future inflation, according to minutes of the policy meeting, published on Tuesday. Market analysts have spoken of the likelihood of a half a trillion dollars worth of purchases to boost the economy.