Week InReview: October 11, 2019

Fed's latest move needs a name.

QE, or not QE? That is the question bedeviling the monetary-policy peanut gallery after Federal Reserve Chair Jerome Powell announced on Tuesday that the central bank had decided to increase its purchases of short-term Treasurys, but that the move shouldn't be considered a form of quantitative easing.

“This is not QE. In no sense is this QE,” Powell said.

-- The Wall Street Journal

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