Fed set to buy $300B more Treasuries

Townhall.com Staff
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Posted: Jun 28, 2011 10:26 AM
Fed set to buy $300B more Treasuries
NEW YORK (CNNMoney) -- QE2 is just about done. But the Federal Reserve will still be buying massive amounts of long-term Treasuries.

In fact, the Fed's purchases over the next year will likely be at least $300 billion. That's half the size of QE2 -- even if QE3 never takes place.