The Federal Reserve has announced it intends to extend the stimulus program known as “Operation Twist” through the end of the year. The Fed is slated to purchase $267 billion in Treasury securities with maturities from 6 to 20 years in an effort to boost growth and lower interest rates. The program was originally scheduled to end this month.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=157363