The Federal Reserve will push back tapering off of its open ended $85 Billion/month bond buying program until its meeting in March, said economists polled by Bloomberg. The program, which some have referred to as QE4Ever, was predicted to begin slowing down in September, but continued full speed ahead, despite all predictions, as the dollar…...
Today, the Federal Reserve is shipping brand new $100 bill to banks everywhere, reports Reuters. The new bills have two new security features; a blue 3D security ribbon with images of bells and 100s, and a color-changing bell in an inkwell. Neither of the new security features will do anything to prevent the Federal Reserve from…...
In a 9-1 vote, the Federal Open Market Committee voted to continue the $85 Billion/month bond buying program some have called “QE4Ever”. The move came as a surprise to more than 2/3 of economists recently polled by the Wall Street Journal who expected Fed Chairman Ben Bernanke’s news conference today, to include an announcement of tapering…...