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Fed Goes Through with Quantitative Easing Lite

posted by Avatar FXTimes 549 days ago in USD, Fundamental, Sentiment made popular 549 days ago

The Fed downgraded its assessment of the the economy and decided to keep its portfolio constant by reinvesting proceeds from maturing agency debt into longer term Treasury securities. The move weakened the greenback, as US equities pared earlier losses and bond prices rose.
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