Economy

Roland99

(53,345 posts)

21. New York Fed details QE3 bond purchase plan

Thu Sep 13, 2012, 12:35 PM

Sep 2012

http://www.marketwatch.com/story/new-york-fed-details-qe3-bond-purchase-plan-2012-09-13?link=MW_home_latest_news

- The New York Fed said it will start buying agency mortgage-backed securities on Friday, at a rate that is expected to total $23 billion over the remainder of September. It will then purchase securities at a clip of $40 billion each month. The New York Fed said it will concentrate its purchases in newly-issued agency MBS in the to-be-announced market, although it may purchase other agency MBS if market conditions warrant

*FED TO KEEP POLICY STIMULATIVE FOR `CONSIDERABLE TIME'
*FED WILL ADD TO PURCHASES IF LABOR MARKET DOESN'T IMPROVE
*FED DOES NOT SAY WHEN MBS PURCHASE PROGRAM TO END
*FED TO BUY $40B MBS MONTHLY, CONTINUE `OPERATION TWIST'
*FED TO BUY MBS, EXTENDS ZERO-RATE POLICY INTO 2015

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STOCK MARKET WATCH -- Thursday, 13 September 2012 [View all] Tansy_Gold Sep 2012 OP

I may not have time to post, but I can rec Demeter Sep 2012 #1

We won the lawsuit! Demeter Sep 2012 #2

Whatever deity is in charge, Bless Hedges, Chomsky and the rest. Fuddnik Sep 2012 #4

Judge Kathrine Forrest. westerebus Sep 2012 #10

Huzzah!! Roland99 Sep 2012 #11

Myth: Japan is Broke: World�s Largest �Debtor� Now Its Largest Creditor By Ellen Brown Demeter Sep 2012 #3

Great Recession still slamming the middle class. (Fits the toon perfectly) Fuddnik Sep 2012 #5

Gas prices hit $9.99 in protest by station owners in N.J. DemReadingDU Sep 2012 #6

Gee wonder why diesel was not $9.99 also newfie11 Sep 2012 #7

Article says it was a 1 day protest DemReadingDU Sep 2012 #13

Unemployment claims >>>> Roland99 Sep 2012 #8

August PPI >>>> Roland99 Sep 2012 #9

US Futures down slightly...awaiting the FOMC Roland99 Sep 2012 #12

Hope you're sitting down. Greece will need a *third* bailout Roland99 Sep 2012 #14

Who do they think they are? Goldman Sachs? JP? Fuddnik Sep 2012 #17

MF GLOBAL... AnneD Sep 2012 #28

Natural-gas inventories up 27 bln cubic feet: EIA Roland99 Sep 2012 #15

Fed expected to announce stimulus Thursday Ghost Dog Sep 2012 #16

30yr Bond Auction results >>>> Roland99 Sep 2012 #18

This message was self-deleted by its author jtuck004 Sep 2012 #20

Dems better hope the center* holds till after the election bread_and_roses Sep 2012 #23

That poem always thrills me even as it fills me with dread. Egalitarian Thug Sep 2012 #39

Ah yes... AnneD Sep 2012 #29

But the KY comes with a Big Blue 'D' on it. The red version has an abrasive in it. n/t Egalitarian Thug Sep 2012 #40

I think they are both... AnneD Sep 2012 #42

Former Banker Promises Inside Peek at Goldman Roland99 Sep 2012 #19

New York Fed details QE3 bond purchase plan Roland99 Sep 2012 #21

FED TO KEEP POLICY STIMULATIVE FOR `CONSIDERABLE TIME' ! DemReadingDU Sep 2012 #22

Full text of FOMC statement Roland99 Sep 2012 #24

Fed on Unemployment and GDP >>>> Roland99 Sep 2012 #26

"$85 billion of long-term securities each month through the end of the year" Ghost Dog Sep 2012 #25

I was just getting ready to post that. All I can say is, what the fuck????? Hotler Sep 2012 #27

Karl Denninger: FED Statement DemReadingDU Sep 2012 #30

Not pointless at all. It got the sheeple all nodding their heads and bleating contentedly. n/t Egalitarian Thug Sep 2012 #41

GhostDog,....some of us old salt Nurses AnneD Sep 2012 #35

Not every attempt to inflate your assets is a good idea. jtuck004 Sep 2012 #36

I Hope QEIII Was Worth 200 Points Demeter Sep 2012 #31

Personally Tansy_Gold Sep 2012 #38

It's Another Victimless Crime Demeter Sep 2012 #32

Darn it, you guys. Hugin Sep 2012 #33

Don't blame me Demeter Sep 2012 #34

What? Did you think Tansy_Gold Sep 2012 #37

We would never suggest that! Fuddnik Sep 2012 #43

You better not. . . . Tansy_Gold Sep 2012 #44