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The Fed left open the possibility of doing more if growth and inflation don't perk up in the months ahead. The $75 billion a month in new purchases of Treasury debt come on top of $35 billion a month the Fed is expected to spend to replace mortgage bonds in its portfolio that are being retired.
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The fed is buying bonds to lower base interest rates. JD has no clue what it meants when he started this thread. The only other thing we see here is devaluation of the dollar.
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