Permanent historical factsheet

Large-Scale Asset Purchases Expanded

United States of America · Economy / Federal Reserve. Chronological records rendered directly from the World History Database.

1Records
2009Date range
1Named people
1Places

Chronological records

2009

Ben Shalom Bernanke18 March 2009

Washington · Economy / Federal Reserve

The Federal Open Market Committee greatly expands its large-scale asset purchases, adding up to 750 billion dollars of agency mortgage-backed securities, 100 billion dollars of agency debt, and 300 billion dollars of longer-term Treasury securities.

Names involved

Ben Shalom Bernanke

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.