Fed Undertakes QE3 With $40 Billion MBS Purchases Per Month

Fed Undertakes QE3 With $40 Billion MBS Purchases Per Month

Andrew Harrer/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Sept. 13, 2012.