WSJ: Fed Buying 61 Percent of US Debt; Egan-Jones Downgrades U.S. Credit Rating

Julie Crawshaw and Forrest Jones Moneynews 28 Mar 2012

The Federal Reserve is propping up the entire U.S. economy by buying 61 percent of the government debt issued by the Treasury Department, a trend that cannot last, Lawrence Goodman, a former Treasury official and current president of the Center for Financial Stability, writes in a […]