A Side-By-Side Comparison Of The Last 2 FOMC Meeting Statements

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This is a pretty cool and illuminating comparison of the statements issued by the FOMC after their last 2 meetings.  See for yourself as the realization and terror that the economy is heading back down the toilet strikes the hearts of committee members! Hat tip to Barry Ritholtz and Andrew H. Also see: Fed, Bernanke […]

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The Federal Reserve reported today that it will “roll over” principal payments on its mortgage holdings into long-term Treasury securities.  Bloomberg reports: Federal Reserve officials will maintain their holdings of securities to prevent money from being drained out of the financial system in their first attempt to bolster the economy in more than a year. […]

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