The FED made three POMO (Permanent Open Market Operation) purchases this week of $6.610 billion on 3/7, $7.657 billion on 3/8 and $6.690 on 3/9. This brings the aggregate for three days to $20.957 billion dollars. This brings the total since November 11th 2010 to $426.733 billion and $491.193 billion since August 17th 2010. Multiple hints in the media toward a QEIII to happen after QEII.
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