New York Times:
WASHINGTON — The Federal Reserve announced Wednesday a modest increase in its efforts to reduce borrowing costs for businesses and consumers by extending its existing “Operation Twist” asset-purchase program through the end of the year.
The decision reflects growing concern that the economy once again is stumbling into the summer months after the false promise of a relatively strong winter. Fed officials also have indicated a desire to insure against looming risks to the recovery, including problems in Europe and the stalemate in domestic fiscal policy.
The Fed’s policy-making committee said in a statement that it expected the economy would continue to grow at a “moderate pace,” but it noted that “growth in employment has slowed in recent months,” even as inflation has declined.
This oughta fix housing/employment/silver prices/Chinese accounting/plot and logic problems on 2 Broke Girls/your roof etc.
Source:
Fed Extends Effort to Lower Rates as Job Growth Slows (NYT)
… [Trackback]
[…] Find More on that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]
… [Trackback]
[…] Read More to that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]
… [Trackback]
[…] Find More on that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]
… [Trackback]
[…] There you will find 47534 more Information on that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]
… [Trackback]
[…] Read More here to that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]
… [Trackback]
[…] Find More on to that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]
… [Trackback]
[…] Read More Information here on that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]
… [Trackback]
[…] Info on that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]
… [Trackback]
[…] Read More here on that Topic: thereformedbroker.com/2012/06/20/happy-now/ […]