WSJ: QE 2 Will Be Completed As Planed
FED pre-announcement via. WSJ:
So when officials gather for their next policy meeting March 15, they are likely to decide to continue a $600 billion Treasury securities purchasing program. They are also likely to maintain a commitment to keep short-term interest rates near zero for an “extended period.”
Barring a surprising turn in the economy or inflation, it seems increasingly likely that the securities purchase program, known by some as quantitative easing, is likely to end in June as scheduled.
Discussion inside the central bank’s Federal Open Market Committee might then turn toward how and when to tighten policy, either by raising short-term interest rates or reducing its securities holdings, but it could be months before it acts.