The Fed's actions speak louder than its words, which is why bond buying is here to stay
The Fed's actions speak louder than its words, which is why bond buying is here to stay
- May 22, 2017
- Eric Swanson, economics, Business Insider, May 22, 2017
-----
That's the finding of a new paper from Eric Swanson, a professor at the University
of California at Irvine who is a former researcher at the San Francisco Fed. … Swanson
found that while big announcements from the Fed might have a temporary effect on short-term
yields, the impact of bond buys, which totaled in the trillions and quintupled the
Fed's balance sheet to about $4.5 trillion in assets, was deeper and longer-lasting.
For the full story, please visit http://www.businessinsider.com/fed-forward-guidance-compared-to-quantitative-easing-swanson-paper-2017-5.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightEconomics of Anteater life
- Careet RightOpinion: How long can the BOJ get away with rate shocks?
- Careet RightAfter Fed's Powell, who else is speaking at Jackson Hole?
- Careet RightFed's Jackson Hole conference is underway: Here's what to expect
- Careet RightWhat is a recession? Why the July jobs report has sparked new fears