The umbrella over the nations monetary system has finally decided to enter into the realm of social media. Today, the Federal Reserve started a twitter account, and with 140 characters to post with, it allows new QE policies to print with up to 140 zero's, or:
For immediate releaseThe Federal Reserve Board on Wednesday launched its official Twitter channel--@federalreserve Leaving the Board--with the aim of increasing the accessibility and availability of Federal Reserve Board news.
The Board’s website, www.federalreserve.gov, will remain its primary channel of communication. Selected announcements will be tweeted after they are first posted on the website.
To start, tweets will include items such as press releases, speeches, testimony, reports to the Congress, the Monthly Report on Credit and Liquidity Programs and the Balance Sheet, and the Federal Reserve’s weekly balance sheet (H.4.1). Additionally, the Board will tweet about educational frequently asked questions (FAQs) and Board video links.
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