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: Instapundit.comWHAT COULD POSSIBLY GO WRONG? Fed Open to Buying More Securities. ?Some Federal Reserve officials ?
By Glenn Reynolds
WHAT COULD POSSIBLY GO WRONG? Fed Open to Buying More Securities. “Some Federal Reserve officials are open to raising the amounts of mortgage and Treasury securities purchase programs beyond the $1.75 trillion that they have already committed to buying, according to minutes from the Fed?s April meeting. Officials, meanwhile, projected an even deeper recession than they expected three months earlier and a more sluggish recovery over the next two years as labor markets remain under pressure.” Hope and change!
Full post as published by Instapundit.com on May 22, 2009 (boomark / email).
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