FED disbursed 1.5 trillion dollars to trigger U.S. Economic Recovery

Fed (Federal Reserve) on Wednesday, has taken a bold step for approving an additional budget of 600 billion dollars to support the American economic and to reduce unemployment case.

Actions by the Fed this has ever happened, when the US Economy is still stable and
committee decided to broaden the ownership of securities. Even so, members of the Fed
also warned that the recovery rate "will continue to be slow"

The protests came from one of the members of the Fed, Thomas Hoenig, who regard it as an overreaction and could trigger a long-term inflation

Meanwhile, the Federal Open Market Committee (FOMC) said they will buy Treasury debt (bonds) of approximately 75 billion dollars per month. It's never happened since the economic crisis.

While spending, the Fed does not contribute directly to the .US. Deficit and debt, economists also said the additional spending means a wasteful for Washington for embracing the policy

The Fed has set up more than 1.5 trillion dollars to trigger economic recovery, even that, the Fed Governor, Ben Bernanke, also has been criticized for not reducing the role of banks in the free market

The critics argue, although the recovery is very slow, the market should be left free, because if the policy fails, the Fed's credibility will be damaged.

But the Fed argued, this new spending is to help reduce unemployment and deflation risks.
According to the Fed, the world's largest economy grew by about 2.0% per year.

Analysts expect interest rates of The Federal Open Market Committee (FOMC) will begin with the purchase of approximately 500 billion dollars in Treasury bonds.

Economic growth in the third quarter is to support expectations of further stimulus from the Fed to lower interest rates and anticipate a long-term deflationary pressures in the American economy.

Economists think of economic growth should reach about three percent in order to reduce significantly to high unemployment.

After more than a year the recession ended, unemployment in the United States has close to double digits.
The US government has reported, that the unemployment rate estimated at 9.6% for three months since July to October

Meanwhile, unlike U.S., in London, Bank of England (Bank of England / BoE) on Thursday said that the BoE policy maker has maintained its key interest rate at a record low, 0.50% and decided to demand a new stimulus measures.

The Monetary Policy Committee Bank of England, chose to maintain the official rate (Bank Rate) paid on commercial bank reserves at 0.5%
Besides that, they have chosen to maintain the stock of asset purchases financed by the central bank reserves to issue 200 billion pounds