quantitive easing Archives

I remember those days! (Reuters)

UPDATE: The latest economic news just keeps getting worse. While President Obama is off playing with his social-democracy friends in Europe and abroad, the country is is political and financial turmoil.

The Dow Jones Industrial Average is in free fall, down 350 points. The economy simply cannot handle easin gof QE3. Every single stock in the Dow is in the red.

Economy, News, Opinion, Policy

Federal Reserve Holds QE, Rates Steady; Sees ‘Diminished’ Downside Risks

June 19, 2013

UPDATE: The markets are selling off as traders fret that a rosier Fed economic outlook may push the central bank to trim back its bond buying sooner than expected. The Dow is down 137 points, or 0.9%, while the broader S&P 500 is off 0.87%. Meanwhile, traders are selling Treasury bonds, sending the yield on the 10-year up 0.13 percentage point to 2.317%.

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