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News Link • Federal Reserve

2014 Fed Update: Buys 60% of U.S. Govt Deficit

• http://www.dailypaul.com, MarkDran
  •   MONTH   DEBT ISSUED  FED BUYS     REF

  • January    $10 billion      $40 billion    1,2
  • February   $194 billion   $35 billion   3,2
  • March       $36 billion      $34 billion   4,2
  • April     ($107 billion)   $30 billion   5,2
  • May       $130 billion      $24 billion    6,2
  • June      $57 billion     $25 billion      7,8
  •  Total      $320 billion      $188 billion      

    They bought a roughly equal number of mortgages from private banks.

    REF 1 http://www.marketwatch.com/story/us-posts-10-billion-budget-..., http://www.cbo.gov/sites/default/files/cbofiles/attachments/...
    REF 2 http://www.newyorkfed.org/markets/tot_operation_schedule.htm...

    REF 3: http://www.bloomberg.com/news/2014-03-13/budget-deficit-in-u...
    REF 4: http://www.marketwatch.com/story/us-march-budget-deficit-36-...
    REF 5: http://www.reuters.com/article/2014/05/12/us-usa-economy-bud...

    REF 6: http://www.cnbc.com/id/101751486
    REF 7: http://www.treasurydirect.gov/NP/debt/search?startMonth=06&s...
    REF 8: http://www.forbes.com/sites/samanthasharf/2014/06/18/fed-cut...

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