Nov 21, 2013

Evans Says Bond Buying May Total More Than $1.5 Trillion And Now We’re Over $17.2 Trillion In Debt

BloombergFederal Reserve Bank of Chicago President Charles Evans, a voter on policy this year, said the Fed may buy a total of $1.5 trillion in bonds in a program that started in January 2013 to ensure steady employment gains.

"Given the current conditions, I won't be surprised if it is $1.5 trillion," Evans, a consistent supporter of record stimulus, said in a speech today in Chicago. "It could be a little more than that."