Bloomberg
By Joshua Zumbrun and Simon Kennedy - Sep 3, 2012 12:00 AM ET
Four Fed presidents have come out in favor of an open-ended strategy for bond buying, with three calling for the program to begin now. Rather than specify a fixed amount of bonds to purchase by a certain date, such a strategy would leave the Fed able to announce a pace of purchases that it could adjust as the economy gets closer to Bernanke’s goals. LINK...
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Smells like more money printing is coming soon? BK
