Feds Bold Move to Boost The Economy. Commits to Buy $600bln in Bonds

Fed Looks to Further Lower Borrowing Costs

In what some are calling a risky move, The Federal Reserve has agreed to buy $600 billion in Government Bonds in a move to drive interest rates lower. Their hopes are to create jobs and boost the economy out of the funk it is still in.

Two ways to stimulate economic growth are to encourage people to spend money and increase hiring.

Many say the plan will provide the boost, but will not solve our problems.

There are several risks associated with this move too. Some of these risks include further weakening the dollar, creating price bubbles on stocks and commodities and driving inflation to dangerous levels.