QE3 for Two Years, Federal Reserve Official Predicts

Written by Gary North on September 25, 2012

How long will QE3 last? Until the end of 2014, the president of the San Francisco Federal Reserve Bank has said. It will take more than a few months to reduce the unemployment rate, he says. The FED will buy $40 billion of mortgage bonds each month. It wil, also buy $45 billion in Treasury […]

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