online resources

Zero Interest, Limitless Repo and QE4: The Federal Reserve’s Market Operations Explained

“Gradually and then suddenly.”–Ernest Hemingway “Your ATMs are safe, your cash is safe. There’s enough cash in the financial system and there is an infinite amount of cash in the Federal Reserve.”–Neel Kashkari, President of the Central Bank of Minneapolis The Federal Reserve’s market activity is reaching a fever pitch. In response to a market bloodletting that seems to precipitate new record losses every day, the Federal Reserve has responded to a somewhat unprecedented crisis with its most thorough market interventions since 2008.  Liquidity is drying up in the financial system, the economy is shutting down as COVID-19 arrests the…

Continue Reading Zero Interest, Limitless Repo and QE4: The Federal Reserve’s Market Operations Explained

End of content

No more pages to load