- Prison Planet.com - http://www.prisonplanet.com -

Another Round of Fed Bond Buying Is ‘An Option That’s Certainly On the Table’

Posted By admin On January 26, 2012 @ 5:31 am In Money Watch | Comments Disabled

Bloomberg [1]
January 26, 2012

Chairman Ben S. Bernanke said the Federal Reserve is considering additional asset purchases to boost growth after extending its pledge to keep interest rates low through at least late 2014.

Policy makers are “prepared to provide further monetary accommodation if employment is not making sufficient progress towards our assessment of its maximum level, or if inflation shows signs of moving further below its mandate-consistent rate,” Bernanke said at a news conference today after a Federal Open Market Committee meeting in Washington. Bond buying is “an option that’s certainly on the table.”

Stocks and Treasuries rose after the Fed extended its previous pledge to keep borrowing costs low at least until the middle of 2013. Fed officials lowered their forecasts for economic growth and price increases this year and in 2013 and set a long-term goal of 2 percent inflation.

Full article here [2]

Article printed from Prison Planet.com: http://www.prisonplanet.com

URL to article: http://www.prisonplanet.com/another-round-of-fed-bond-buying-is-%e2%80%98an-option-that%e2%80%99s-certainly-on-the-table%e2%80%99.html

URLs in this post:

[1] Bloomberg: http://dailybail.com/home/jpmorgan-bankruptcy-fraud-class-action-lawsuit-makes-strong.html

[2] Full article here: http://www.bloomberg.com/news/2012-01-25/fed-says-benchmark-interest-rate-will-remain-low-until-at-least-late-2014.html

[3] Fed’s bond-buying could soon backfire: Plosser: http://www.prisonplanet.com/feds-bond-buying-could-soon-backfire-plosser.html

[4] US military option against Iran still on table: Pentagon: http://www.prisonplanet.com/us-military-option-against-iran-still-on-table-pentagon.html

[5] US and Israel reiterate to Moscow: Military option is on the table: http://www.prisonplanet.com/us-and-israel-reiterate-to-moscow-military-option-is-on-the-table.html

[6] Bernanke Seen Buying $1.14 Trillion in Assets in 2014: http://www.prisonplanet.com/bernanke-seen-buying-1-14-trillion-in-assets-in-2014.html

[7] Obama: Military option remains on table: http://www.prisonplanet.com/obama-military-option-remains-on-table.html

Copyright © 2013 PrisonPlanet.com. All rights reserved.