Worried about a slowing economy, Fed officials want to maintain a key stimulus program
by Jim Puzzanghera, Los Angeles Times
Feb 20, 2019
3 minutes
Amid growing worries about a slowing economy, Federal Reserve officials indicated at their meeting last month that they plan later this year to stop paring back a key stimulus program put in place in the wake of the Great Recession, according to minutes released Wednesday.
Under the controversial initiative, known as quantitative easing, the Fed purchased trillions of dollars of Treasury bonds and mortgage-backed securities from 2008 to 2014. The purchases helped push down mortgage
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