What options does the Fed have for applying more monetary stimulus? Restructure the balance sheet (“Operation Twist”): Replace short-term securities with longer-term ones, to depress long-term interest rates which, in turn (it is hoped), would spur demand for housing. It can do so passively, by using funds from the $20bn it receives each month in […]
Posted: August 22nd, 2011
Categories: Uncategorized
Tags: balance sheets, Federal Reserve, QE3, quantitative easing, USA
Comentarios: 2 comentarios.
Categories: Uncategorized
Tags: balance sheets, Federal Reserve, QE3, quantitative easing, USA
Comentarios: 2 comentarios.