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How Will the Fed React to Sandy?

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/



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self edit

not so family friendly.

"The two weakest arguments for any issue on the House floor are moral and constitutional"
Ron Paul

Michael Nystrom's picture

Is this a trick question?

Let me guess.

By printing more money?

The only way to make sense out of change is to plunge into it, move with it, and join the dance. - Alan Watts

.Jezzz Michael,, was it that obvious?

lol...

Thanks for chiming in...Ha!

Delete

Just got carried away...