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Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
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[quote:Anonymous Coward 21993077:MV8yMDc3OTk5XzM0OTg4MzE4XzgyM0E4Qzg1] [quote:Burt Gummer:MV8yMDc3OTk5XzM0OTg4MTc5X0EwRTNDRkZC] [quote:Anonymous Coward 28878214:MV8yMDc3OTk5XzM0OTg4MTU5XzkyRDVBRDc5] [quote:Judethz:MV8yMDc3OTk5XzM0OTg2MjgxX0NCMzk5MjZD] [quote:Anonymous Coward 25020296:MV8yMDc3OTk5XzM0OTgzMzI2Xzk5QUU3NTQw] Get ready for $5 ramen. [/quote] :9teen: Do people actually eat that stuff. [/quote] I know coconuts grow on palm trees. I know coconut oil is good for me. I am too poor to afford most coconut food product (oil, milk). [b]I used to be able to afford ramen,[/b] which has lots of palm oil.:1dunno1: [/quote] Ramen is .10 cents a pack. You can't afford THAT??? :wtfspock: [/quote]:1dunno1::laugh: [/quote]
Original Message
The Federal Reserve will amplify record accommodation tomorrow by announcing $45 billion in monthly Treasury buying that will push its balance sheet almost to $4 trillion, according to a Bloomberg survey of economists.
Forty-eight of 49 economists predict the Federal Open Market Committee will purchase Treasurys to bolster an existing program to buy $40 billion in mortgage bonds each month. The panel pledged in October to continue that plan until the labor market improves "substantially."
[
link to www.bloomberg.com
]
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