Federal Reserve Will Stop Buying Treasury Bonds; Keep Interest Rates Near Zero
April 27th, 2011Warning: this is not a recommendation to buy, sell of hold any financial instrument.
In other news, gold hit a fresh record high as the dollar tanked. Spot gold touched $1523.69.
Via: Washington Post:
The Federal Reserve will end its program of pumping hundreds of billions of dollars into the economy in June but will keep interest rates near zero for the foreseeable future.
