Not QE4: The Fed Launches QE By Another Name?

• WallStForMainSt
  The US central bank announced it would start purchasing $60BN in US Treasuries per month starting October 15. This will be in addition to rolling over “all principal payments from the Federal Reserve’s holdings of Treasury securities and the continued reinvestment all principal payments from the Federal Reserve’s holdings of agency debt and agency mortgage-backed securities received during each calendar month.”
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  Official Federal Reserve announcement PR today: https://www.federalreserve.gov/newsev…
  The Federal Reserve’s official balance sheet is still up over $190 billion dollars since the end of August 2019. Track the updates here: https://fred.stlouisfed.org/series/WALCL
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  Follow the New York Fed’s daily repo program updates here: https://apps.newyorkfed.org/markets/a…
  QE4 “Not A QE” Begins: Fed Starts Buying $60BN In Bills Per Month Beginning Next Week https://www.zerohedge.com/markets/not…
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  read more.

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