Briefings
Week InReview: October 11, 2019
- By: admin
- On: 10/11/2019 10:52:19
- In: 2019 Briefings
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
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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