Fed To Inject Pennies ($1.5 Trillion) Compared To What's Needed In Stimulus
Fed To Inject Pennies ($1.5 Trillion) Compared To What's Needed In Stimulus

Fed To Inject Pennies ($1.5 Trillion) Compared To What's Needed In Stimulus

Anastasia Hlalele

49 min
News
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<p>The NY Fed announced plans Thursday to inject vast amounts of money into the financial system, totaling at least $1.5 trillion. And the Fed promised to start purchasing a range of Treasuries -- a step that effectively marks a return to the 2008 crisis-era bond buying program known as quantitative easing, or QE.</p>

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