Officials also said they would maintain their recent pace of purchases of Treasury and mortgage securities, effectively ending gradual, weekly reductions.
Market failure is imminent within next 2- 3 months
And by the economy they mean, big banks and corporations...the rest of us, have to go beg Congress, Senate and the Clown in Chief to get a measly amount.
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cool, I guess?
Jay Powell and federalreserve need to stop with their God complex. The country is fed up with handouts to big banks and over-leveraged corporations and individuals. They need to stop with the purchase of high yield debt, encouraging leveraging, and promoting moral hazard.
Because the economy is ROARING!!
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Source: Reuters - 🏆 2. / 97 Read more »