Fed Easing Will Help `At the Margin,’ Blinder Says

Fed Easing Will Help `At the Margin,’ Blinder Says Play

Sept. 13 (Bloomberg) -- Former Federal Reserve Vice Chairman Alan Blinder, now a Princeton University economist, talks about today's decision by the Federal Reserve to undertake another round of quantitative easing. The Fed said it will expand its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month as it seeks to boost growth and reduce unemployment. He speaks with Trish Regan on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

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