Federal Reserve to Buy Bonds…Forever? BofA Settles Discrimination Case: Roundup
The Federal Reserve said it will buy $40 billion of mortgage-backed securities each month forever, or until the U.S. job market perks up. This third round of quantitative easing, or QE3, is relatively small to the $1.25 trillion-a-month bond-buying program launched in March 2009 or the Fed’s $600 billion-a-month buying spree beginning November Read More