The FED released its next purchase schedule in which it plans to print $102 billion dollars in POMO (Permanent Open Market Operation) purchases by April 11th 2011. This will total $528.733 billion by April 11th 2011, leaving $71.267 billion to print over 1/2 of April, all of May and June. I think the printing will be well over the $600 trillion, should be closer to the $900 billion they discussed originally.
No comments:
Post a Comment