Comment: Correction: This new QE3 is actually $85B/month.

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SteveMT's picture

Correction: This new QE3 is actually $85B/month.

Operation Twist will continue until the end of the year. "There be a lot of money printing going on out there."

QE3 is on! Fed to buy $85b through December, and then keep going
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/09/13...

The additional Fed easing, along with its intention to continue reinvesting the proceeds from principal payments from its holdings of financial assets, will increase its inventory of securities by approximately $85 billion each month through the end of the year.
http://www.citizeneconomists.com/blogs/2012/09/17/here-comes...