Tuesday, January 25, 2011

Fed Likely to Press On With QE Even as Business Lending Rises

Fed Likely to Press On With QE Even as Business Lending Rises - Bloomberg
"Since reducing its target federal funds rate to near zero in December 2008, the central bank has used its balance sheet as a monetary policy tool.
Its assets have tripled to $2.43 trillion from $873 billion in February 2008."

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