Central bank also plans to push inflation above 2% annually
Liquidity has created a "Frankenstein" high-yield market that requires scrutiny
Projections may underscore how long the central bank expects to keep rates low
Tier 1 capital requirements for Goldman Sachs, Morgan Stanley affected
The central bank announced a significant change in how it will manage interest rates
Visits to shops and recreation outlets have picked up more quickly in Europe
The central bank will continue to buy US$120 billion in Treasury and mortgage bonds each month
The extension applies to several programs that lend to Wall Street banks and other financial institutions
Support will now also be offered to non-profits and endowments
Still, the central bank did purchase US$1.3 billion in corporate bonds in late June