Tag: operation twist

FOMC Didn’t Change its Policy –FOMC Meeting

August 2, 2012

The Fed announced it won’t change its monetary policy and keep its ongoing plans of extending operation twist and keeping low rates until late 2014. The FOMC stated it sees signs of slowdown in the U.S. economy. Currently gold and…

FOMC Extends Operation Twist through 2012 –FOMC Meeting

June 20, 2012

The Fed announced it will continue its operation twist in which the Federal Reserve will extend the average maturity of its holdings of securities. This operation twist was first started back in September and was suppose to end this month.…