The Fed goes in for QE 3, looks like $40 billion in purchases a month of mortgage backed securities. Open-ended!
Zero bound interest rates language extended to 2015.
Buy corn dipped in silver, rolled in platinum.
Republicans will go apeshit tonight on the evening news programs, I believe.
Lil Weezy says this is a gamechanger and different from all other Fed programs thus far. (BusinessInsider)