AFP
September 21, 2011
WASHINGTON (AFP) – The Federal Reserve is widely expected to offer up some new stimulus for the sagging US economy when it closes a key policy meeting Wednesday, but many question whether it will do much.
The two-day meeting of the central bank’s Federal Open Market Committee might move to further press down long-term interest rates, in hopes of prodding cash-rich banks to lend and companies to invest despite gloomy economic forecasts.
But worries by some FOMC members over rising prices was expected to temper any strong moves, including a renewed “quantitative easing” program that would inject billions of dollars of liquidity into the economy.
Fresh food that lasts from eFoodsDirect (AD)
Modest moves could disappoint markets hoping for a big move — but would appease those fearful that the Fed could deadlock over how it should deploy its limited bag of monetary tools.
4 Responses to “Markets hope for Fed boost to US economy”
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The entire so-called “Federal Reserve” will be indicted, convicted, and behind bars for a long time…
RonPaul2012!!!
POSTED SEPTEMBER 21, 2011
FEDERAL RESERVE TO PRINT MORE MONEY
I almost forgot to say “As the recovery continues”. Our government masters have said, officially, the recession ended in June of 2009. Of course that was a lie, but that is what they do. Then, later, they warned about a possible “double dip” referring to another recession. They had to make up that term, otherwise, they would have to admit the recession (depression) actually never ended.
So they lie about the inflation rate. They lie about the unemployment rate. They lie about the state of the U.S. economy. They spend money that they don’t have. They spend money that doesn’t exist. They borrow money in our name and then, they do it all over again.
So, today, the Federal Reserve decided they would buy $400 billion dollars of government bonds. Here is what that means. The Fed will buy 400 billion dollars of I.O.U’s from the federal government that nobody wants to buy and will never be paid back with money that doesn’t exist. How does that sound to bring the U.S. back to prosperity? Buy gold. Buy silver.
Bruce New World Order News
In US economy they wants market hope.
Fed Reserve is BILDERBERG (nwo) = Enemy of The People of the World.