Fed Begins Third Round of Treasury Pu...

Fed Begins Third Round of Treasury Purchases to Lower Rates

There are 3 comments on the www.bloomberg.com story from Mar 30, 2009, titled Fed Begins Third Round of Treasury Purchases to Lower Rates. In it, www.bloomberg.com reports that:

The Federal Reserve began buying Treasuries in its third outright purchase of U.S. government debt as part of the central bank's efforts to lower rates and stimulate economic growth.

Join the discussion below, or Read more at www.bloomberg.com.

Crazy Ox3thong

Indianapolis, IN

#1 Mar 30, 2009
again ?:-00000000

Milledgeville, GA

#2 Mar 31, 2009
Just proves we are spending TOO much. No one will buy our debt and, like the Energizer Bunny, Obama keeps spending, and spending, and spending...

“Cake or Death?”

Since: Dec 08

Palm Beach

#3 Mar 31, 2009
****( http://www.fdic.gov/news/news/press/2009/pr09... )****

****( http://www.reuters.com/article/newsOne/idUSN2... )****
****“The U.S. Treasury Department on Monday rolled out detailed plans for persuading private investors to help rid banks of up to $1 trillion in toxic assets that are seen as a roadblock to economic recovery.”****

****( http://www.bloomberg.com/apps/news... )****

****“Fed to Buy $300 Billion of Treasuries…
Fed to Buy $300 Billion of Treasuries, Increase Other Purchases
The Federal Reserve said it will buy $300 billion in Treasury securities and increase its purchases of mortgage and agency debt in an effort to bolster housing and hasten the end of the recession.”****
****( http://ustreas.gov/press/releases/tg65.htm )****

View White Paper and FAQs at http://financialstability.gov
The Financial Stability Plan – Progress So Far: Over the past six weeks, the Treasury Department has implemented a series of initiatives as part of its Financial Stability Plan that – alongside the American Recovery and Reinvestment Act – lay the foundations for economic recovery:

****( http://www.fdic.gov/news/news/press/2009/pr09... )****

Q1: Why are supervisors performing the capital assessments?

A: The U.S. Federal bank and thrift supervisors (supervisors) are conducting this exercise to determine if the largest U.S. banking organizations have sufficient capital buffers to withstand the impact of an economic environment that is more challenging than is currently anticipated.

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