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  • quantitative easing

quantitative easing

03 Nov 2010

What Does Quantitative Easing Mean for Banks?

  • By Bill Conerly
  • In Economy
  • 3 comments
The Federal Reserve today announced a new quantitative easing plan in which they will buy $600 billion of long-term Treasury securities. What does this mean for banks? Bank deposits and reserves will increase. Even if your bank does not sell
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