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Fed weighs boosting bond purchases

serfserf Member Posts: 9,225 ✭✭✭✭

Here we go again with The Fed's buying their own bonds through The U.S.Treasury and calling it sound fundamentals of U.S.dollar while buying up all the debt to keep the sheple calm. Soon the bailout will turn into a bail in for The U.S. tax payers.

serf

https://apnews.com/article/financial-markets-coronavirus-pandemic-economy-1d680659f10820d41f576c0681f56a70

Fed weighs boosting bond purchases

Federal Reserve Chairman Jerome Powell had said at a news conference following the two-day meeting that Fed officials had discussed whether and how a bond buying program might be altered to provide more economic support.

In addition to increasing the size of the program, the Fed could decide to alter the composition of the bonds purchases to focus on buying long-term securities as a way of putting added downward pressure on long-term rates.

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