Wednesday, September 26, 2012

QE1,2,3


QE1: Nov. 2008 -June 2010
500 Billion, This program was expanded by $750 Billion in March 2009 under President Obama.

QE2: Nov. 2010 -June 2011
70 Billion a Month and bought treasury bills to spur up the economy

QE3: SEP. 2012 - xxxx
40 Billion a Month, tentatively last for a year. Will print more to stimulated the economy

http://finance.sina.com.cn/world/20120914/123113141025.shtml
http://finance.sina.com.cn/stock ... /190013143992.shtml
http://cn.wsj.com/gb/20120914/bus085648.asp
http://cn.wsj.com/gb/20120914/bus074911.asp
http://cn.wsj.com/gb/20120914/BUSc-014121.asp

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