Fed Decided Bond-Buying Program Had Done Its JobThe official account of its policy meeting portrayed Fedofficials as still fragmented in their...Appelbaum, Binyamin
Fed To Stick To $600 Billion Bond-Buying Plan.The article reports on the vote by the Federal Open Market Committee of the U.S. Federal Reserve in favor of moving ahead with its earlier-announced plan to purchase an additional 600 billion dollars in government securities....
Fed Remains On Track in Bond Buying.The article considers when the U.S. Federal Reserve (Fed) will signal to markets that it will begin winding down its $85-billion-per-month bond-buying program, and observes that some Fed officials believe the U.S. economy has strengthened sufficiently to...
The Federal Reserve swept into action on Sunday, March 15, in an effort to save the U.S. economy from the fallout of the coronavirus, slashing its benchmark interest rate by a full percentage point to near zero and promising to boost its bond holdings by at least $700 billion. Underl...
But Powell emphasized that the action differed from the bond-buying program, or quantitative easing (QE), that the central bank deployed during the financial crisis, because it was intended to facilitate short-term lending to help control its benchmark interest rate. ...
The Fed will probably reduce its bond-buying stimulus program later this year, and depending on the economic data could do so as early as next month, a top Fed official said on Tuesday.
The target range for the federal funds rate was previously set near zero in March 2020 to stimulate the U.S. economy at the start of the COVID-19 pandemic. The central bank also embarked on an unlimited bond-buying program to prop up markets and reduce long-term borrowing costs. Now the...
For weeks, traders have been handicapping what they think the Fed will do with its bond buying program, which is split between Treasurys and mortgage-backed securities. Expectations are high that Bernanke will give the market some clarity Wednesday on when or how the Fed will begin to trim ba...
Reuters continues: Many economists, however, believe the Fed will make an announcement on the tapering at its September 17-18 policy meeting, starting off with a small cut to the bond-buying program, known as quantitative easing. “This does nothing to alter our view of tapering. Fear of un...
Nowhere for the dumb money to run Bernanke holds the line on Fed monetary policy The new money the Fed has created through its bond-buying program over nearly five years has been designed to shore up the U.S. economy. It has also been a major factor behind market developments. While stoc...