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发帖数: 21 | 1 To promote a stronger pace of economic recovery and to help ensure that
inflation, over time, is at levels consistent with its mandate, the
Committee decided today to expand its holdings of securities. The Committee
will maintain its existing policy of reinvesting principal payments from its
securities holdings. In addition, the Committee intends to purchase a
further $600 billion of longer-term Treasury securities by the end of the
second quarter of 2011, a pace of about $75 billion per month. The Committee
will regularly review the pace of its securities purchases and the overall
size of the asset-purchase program in light of incoming information and will
adjust the program as needed to best foster maximum employment and price
stability. |
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