Fed QE3 is Here with No End in Sight; Isis Hits a Snag

Receiving Wide Coverage ... QE3 Forever?: The Federal Reserve Thursday outlined its latest plan to spur job growth and bolster the economy. The basic steps include the purchase of $85 billion in long-term bonds a month through the rest of the year, the subsequent addition of $40 billion of mortgage-backed debt per month until the job market gets better and low interest rates through at least mid-2015. Stocks rallied following the announcement of this indefinite QE3,...