“Fed Counts on ‘Psychological Bump’ With Borrowing, but May Just Add to Debt, Inflation”
“Investors beware: The Federal Reserve may have just agreed to make $600 billion more available for borrowing, but don’t expect to see that money flooding the market any time soon.
At least that’s the warning from some financial experts who say the Federal Reserve’s pledge to buy $600 billion in Treasury bonds is unlikely to help improve inflation or interest rates, which are at historically low levels, but it will add to the U.S. debt.” Read more.
“Fed Counts on ‘Psychological Bump’ With Borrowing, but May Just Add to Debt, Inflation”
Sharon Kehnemui
FoxNews.com, November 9, 2010.
Image by Salvatore Vuono / FreeDigitalPhotos.net.
