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The policy, known as quantitative easing and often abbreviated as QE3, entails buying $40 billion in mortgage-backed securities each month. The end date remains up in the air, as the Fed will re-evaluate the strength of the economy in coming months. Continue reading
2012-09-13 20:25:02
Source: http://blog.bmgbullion.com/economy/the-fed-launches-qe3/