The FED performed 4 POMO (Permanent Open Market Operations) purchases this week totaling $17.409 billion dollars. This brings the total since November 3rd 2010 (when the FED announced $600 billion by June 2011) to $496.251 billion and $560.711 since August 17th 2010. With approx 3 months left the FED should exceed his target of $600 billion.
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