Fed Buys $40B MBS Monthly, Zero-Rate Policy to 2015

Sept. 13 (Bloomberg) -- Bloomberg's Mike McKee reports that the Federal Reserve said it will expand its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month in a third round of quantitative easing as it seeks to boost growth and reduce unemployment. The FOMC also said it would likely hold the federal funds rate near zero “at least through mid-2015.” He speaks on Bloomberg Television's "Lunch Money."
Voting ‘No’ Means No More Euros in Greece: Schmieding
09:35 - Berenberg Chief Economist Holger Schmieding and Bloomberg View Columnist Mark Gilbert discuss the referendum in Greece and possible ramifications from a ‘no’ vote. They speak with Francine Lacqua and Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
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