Quantitative Easing has resumed. On September 17th, overnight interest rates in the Repo Market shot up to 10%, four times higher than they should have
Richard Duncan
Recent Posts by Richard Duncan
The Fed is once again creating very large amounts of money and pumping it into the financial markets. So, it is not surprising that all the
Monetary Policy is the government’s most important economic policy tool. If you really want to understand how the Fed conducts Monetary Policy, you must understand the
On September 16th, the interest rate in the overnight Repo Market shot up to nearly 10%. It should have been below 2.25%. There was no shortage
A new round of Quantitative Easing began yesterday when the Fed announced that it would create $60 billion a month to buy US government securities.