The Federal Reserve’s action to keep long term rates down by buying up 10-year T-notes is often referred to as Operation Twist. Here’s a helpful explanation of how it works, from Marketplace’s Paddy Hirsch:
AUTHOR
Interactive Advisors
505 postsYou may also like
“Two grams, which that means (sic) it costs over a hundred dollars… People love it!” Sigh… The AP reporter only says the […]
Kimberly Clouse, Private Client Advocate and Chair of Covestor’s Advisory Board, discusses anchoring and prospect theory.
When you take seven assets from various parts of the market, and six of them say one thing while one says something different, you wonder what that one asset knows that the others don’t.
The inflationary impact of higher energy costs can also tip the economy closer to a recession as consumers may cut back on spending when facing pain at the gasoline pump, making the Fed’s efforts of tightening monetary policy to fight price increases more difficult.