Fed To Inject Pennies ($1.5 Trillion) Compared To What's Needed In Stimulus
Rethinking the Dollar
English - March 20, 2020 16:41 - 49 minutes - 45 MB - ★★★★ - 22 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The NY Fed announced plans Thursday to inject vast amounts of money into the financial system, totaling at least $1.5 trillion. And the Fed promised to start purchasing a range of Treasuries -- a step that effectively marks a return to the 2008 crisis-era bond buying program known as quantitative easing, or QE.