0 votes

As if Sandy hadn't done enough damage; Fed may print even MORE money...

How Will the Fed React to Sandy?

Published: Wednesday, 31 Oct 2012 | 2:40 PM ET

By: John Carney
Senior Editor, CNBC.com

There’s already talk on Wall Street about the possibility of the Federal Reserve providing further monetary accommodation in response to the damage wrought by Sandy.

With the Fed Funds target rate at zero, this could mean larger quantitative easing asset purchases or a focus on buying different financial assets by the Fed.

One trader even described what he thinks the Fed will do as “QE Sandy.”

read more http://www.cnbc.com/id/49625920



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

The definition of "investing"

The definition of "investing" has morphed into "front running the Fed".

I must be willing to give up what I am in order to become what I will be. Albert Einstein