FOMC Statement
Notes:
The Fed will maintain the size of the $1.25T MBS and $200B agency purchases but will taper them out through the end of March.
“…that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period.”
repeats that they will:
“Continue to evaluate the timing and overall amounts of its purchases of securities in light of the evolving economic outlook and conditions in financial markets”
and
“The size and composition of its balance sheet and will make adjustments to its credit and liquidity programs as warranted.”





Repeat, will inflate when we want to, will will continue our long term policy of destroying the $. Thank you $ savers, we will take your wealth when we want it.
Comment by rich — September 23, 2009 @ 8:09 pm
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