Federal Reserve To Finish Bond Purchases –

The Federal Reserve has announced that they will finish bond purchases in June.  The $600 billion of bond buying activity by the Fed was intended to spur the economy and was scheduled to end in June.  Also, a Federal Open Market Committee statement indicated that the economic recovery is moderate and that inflation should be temporary. 

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-04-27/fed-says-pace-of-u-s-recovery-is-moderate-bond-buying-will-end-in-june.html

James Sutliff

This entry was posted in Administrative, Business, Economy, Federal Reserve, General, Regulatory, Treasury. Bookmark the permalink.