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Blog Archive - Fed's Latest Easing Could Cost $1 Trillion: Economists

-- expats
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01/19/12 15:10
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Blog Archive - Fed's Latest Easing Could Cost $1 Trillion: Economists

Thank author of this post/comment19-Jan (CNBC) - The Federal Reserve is likely to step in with $1 trillion worth of easing that could be announced as soon as this month, according to a growing consensus of economists who see the recent uptick in economic growth as unsustainable. With the Fed's Open Market Committee set to meet next week, expectations are rising that the languishing housing market will drive the central bank to buy up mortgage-backed securities. The goal of the purchases will be to drive down interest rates.

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• announcement • tools • confidence • securities • mortgage • expectations • unsustainable • news • interest rates • central bank • housing market • economic growth • federal reserve •
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