Fed Folds: Will Do Open-Ended MBS Buying, Extends Operation Twist

Thursday, September 13, 2012
By Paul Martin

by Tyler Durden
ZeroHedge.com
09/13/2012

Bernanke has acquiesced and is now the 4th branch of the status quo- and all is well in the world:

*FED TO KEEP POLICY STIMULATIVE FOR `CONSIDERABLE TIME’
*FED WILL ADD TO PURCHASES IF LABOR MARKET DOESN’T IMPROVE
*FED DOES NOT SAY WHEN MBS PURCHASE PROGRAM TO END
*FED TO BUY $40B MBS MONTHLY, CONTINUE `OPERATION TWIST’
*FED TO BUY MBS, EXTENDS ZERO-RATE POLICY INTO 2015

The Rest…HERE

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