The fed declared unlimited quantitative easing, indefinitley, recently?
What does this actually mean? I'm not an expert.
https://www.fool.com/invest...uantitative-eas.aspx"Unlimited quantitative easing should help calm markets
The Fed announced that it will continue its asset-purchasing program "in the amounts needed to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy."
In other words, the Fed isn't committing to a specific amount of asset purchases. In the wake of the financial crisis, the institution's balance sheet grew to more than $4 trillion thanks to three rounds of quantitative easing, so it's fair to assume that the central bank could end up purchasing far more than $700 billion worth of assets in its response to this crisis.
In addition, the Fed said that the unlimited asset purchases will include commercial mortgage-backed securities; the previous plan only included residential agency mortgage-backed securities.
There are two halves of the equation when it comes to ensuring the U.S. economy will keep operating during uncertain times like these -- fiscal policy and monetary policy. The Fed just made its biggest move yet to smooth the road ahead and calm investors' fears on the monetary side. If the widely anticipated third (and largest) stimulus bill makes its way through Congress in the next few days, that would be a massive relief on the fiscal side."
Before that they began more of it in 2020
https://www.cnbc.com/2020/0...-easing-program.htmlMarch 2020
This is from 2013:
So,is the question... is there "slack in the line"?
What is QE?
More links in the description on youtube
https://www.youtube.com/watch?v=rDtVABEzcy4[This message has been edited by 2.5 (edited 02-24-2021).]