WSJ: QE 2 Will Be Completed As Planed

FED pre-announcement via. WSJ:

So when officials gather for their next policy meeting March 15, they are likely to decide to continue a $600 billion Treasury securities purchasing program. They are also likely to maintain a commitment to keep short-term interest rates near zero for an “extended period.”

Barring a surprising turn in the economy or inflation, it seems increasingly likely that the securities purchase program, known by some as quantitative easing, is likely to end in June as scheduled.

Discussion inside the central bank’s Federal Open Market Committee might then turn toward how and when to tighten policy, either by raising short-term interest rates or reducing its securities holdings, but it could be months before it acts.

WSJ: Fed Unlikely to Remove Its Economic Stimulus Just Yet

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This entry was posted on Monday, March 7th, 2011 at 4:19 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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