federal announces a buying spree
Monday 7 July 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Federal announces a buying spree

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Federal announces a buying spree

Washington - UPI

The U.S. Federal Reserve said Thursday it would go on a buying spree, spending $85 billion per month until the end of the year. The Fed said the Open Market Committee had agreed to buy mortgage-backed securities at a pace of $40 billion per month and \"extend the average maturity of its holdings of securities as announced in June,\" which is a program of turning over the proceeds of short-term maturing bonds into purchases of long-term bonds, a step known as an operational twist. In addition, the Fed said it would maintain an existing policy of reinvesting principal payments from its debt portfolio in agency mortgage-backed securities. The actions, valued at about $85 billion each month, \"should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accomodative,\" the Fed said. The FOMC also noted that it would keep its overnight refund rate at the historic low of zero to 0.25 percent, and said that would \"likely to be warranted at least through mid-2015,\" which extends its estimate of how long the central bank\'s key interest rate would be held close to zero. The Fed was under considerable pressure to take action this week, as Fed Chairman Ben Bernanke endorsed making a move in speeches should the economy not find more traction. In addition, the European Central Bank took a dramatic step after its most recent policy meeting, announcing it would buy bonds in certain conditions from countries struggling to climb out of debt.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

federal announces a buying spree federal announces a buying spree

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

federal announces a buying spree federal announces a buying spree

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 05:17 2024 Wednesday ,07 February

Amazon to open first cashierless shop

GMT 11:14 2017 Saturday ,22 July

Smiley face found on ancient pot in Turkey

GMT 00:49 2017 Friday ,13 January

Meet Cats choreographer Gillian Lynne

GMT 09:57 2016 Tuesday ,08 November

Marks and Spencer: To shut 100 stores in overhaul

GMT 06:37 2012 Wednesday ,21 March

Toxins found in cheap jewellery

GMT 10:30 2015 Monday ,02 March

Designer to the stars dresses disabled catwalk

GMT 08:57 2017 Wednesday ,10 May

Counter terrorism strategies should be compliant

GMT 20:48 2017 Wednesday ,22 March

Sisi reiterates Egypt's support for Lebanon

GMT 06:59 2017 Sunday ,22 October

Philippines' Duterte says he will shoot criminals

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 09:36 2018 Wednesday ,10 January

Iran investigates death of young man in custody

GMT 08:51 2017 Tuesday ,15 August

HAAD implements next stage of healthcare reforms

GMT 20:22 2017 Monday ,27 November

Army attacks Saudi-paid mercenaries’ sites in Marib

GMT 08:56 2017 Thursday ,13 July

Reasons of price increase of services

GMT 08:13 2017 Sunday ,13 August

Abdul Hussain Abdul Redha passes away
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice