The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Thursday, November 29, 2012

Fed set for additional QE in 2013.

 Frustrated with the lack of substantial job gains, many Fed officials want the bank to continue buying long-term Treasurys even after Operation Twist expires. The purchases would be in addition to the $40B a month of mortgage-backed securities that the Fed's been scooping up. Under Twist, the bank's been paying for the long-term Treasurys with short-term paper, but as the latter is running out, the Fed will have to print money to keep the program going.

No comments:

Post a Comment