The Federal Reserve will implement the Reserve Management Purchase (RMP) plan starting today, purchasing $40 billion in government bonds each month.
【The Federal Reserve will implement the Reserve Management Purchase (RMP) plan starting today, purchasing $40 billion in government bonds each month.】According to the decision of the Federal Reserve's Open Market Committee on December 10, the Federal Reserve will start implementing the Reserve Management Purchase (RMP) plan on December 12, purchasing a total of $40 billion in short-term government bonds in the secondary market each month.