Fra Noi Embrace Your Inner Italian
On Sept. 18, the Federal Reserve ended their two-day meeting and shocked the financial markets by deciding not to begin tapering their asset purchases. The Federal Reserve has been buying mortgage and treasury bonds off and on since 2009 as part of a strategy known as Quantitative Easing (QE), which was designed to push rates down and spur the economy. In the most recent QE move, which took place in September 2012, called QEIII, the Fed announced that it was going to be buying a total of $85 billion in bonds per month ($40 billion in mortgage bonds, $45 billion …
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