Tagged: US economics

QE3: Forward guidance, debt purchases, unemployment target - The Dismal Science

Matt Nolan Sep 13, 2012

As expected, the US Federal Reserve announced QE3 early this morning NZ time. In the statement, they commit the the purchase of mortgage debt people expected (carrying on for an undefined period of time), they state they will keep the cash rate exceptionally low until at least mid-2015 (which was anticipated) – but they also [...] … Read More