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JDUR

08/21/13 2:19 PM

#269368 RE: matt24d #269365

Where did they talk about it? They totally refrained from explicitly setting a date...

To support a stronger economic recovery
and to help ensure that inflation, over time,
is at the rate most consistent with its dual
mandate, the Committee will continue purchasing
additional agency mortgage-backed
securities at a pace of $40 billion per month
and longer-term Treasury securities at a pace
of $45 billion per month. The Committee is
maintaining its existing policy of reinvesting
principal payments from its holdings of
agency debt and agency mortgage-backed securities
in agency mortgage-backed securities
and of rolling over maturing Treasury securities
at auction.