U.S. Federal Reserve Board (Fed) senior officials of the Federal Reserve Bank of Dallas (Dallas Federal Reserve) president Richard - Fisher (Richard Fisher) told Dow Jones Newswires (Dow Jones Newswires) interview that the Fed will be on schedule completion of 600 billion plan to buy bonds, but not easily expand the previously announced purchase plans.
In early 2010, the Federal Reserve initiated a policy of quantitative easing, in June of this year before planning to acquire a further 600 billion U.S. dollars debt, to provide support for the
economy, which aims to drive down through the loan interest rate mortgage loans and other ways to boost the economy. Prior to this, the U.S. consumer report and the employment report showed a positive trend, making the outside world generally optimistic about the outlook for the U.S. economy if the Fed will complete two quantitative easing policy, plans to issue treasury bonds to buy 600 billion question. U.S.
Fisher said that although it is not clear that the economic data recently released what the impact of the scheme, but is expected to Fed will continue to implement the plan, at the end of June 2011 to buy 600 billion U.S. dollars of treasury bonds. At the same time, Fisher said that given the current momentum of the
economy continued to improve, the Fed is unlikely to continue to expand the quantitative easing policy. U.S.