Tag Archives: Fed Put
The Fed’s New Normal
Since the demise of Bear Stearns and Lehman Brothers in 2008, Federal Reserve policy has focused on containing market turmoil and disruption. Current Fed policy built on a massively expanded balance sheet (first chart); the quantitative easing that inflated the balance sheet and the Fed funds rate glued to the zero lower bound (second chart)….
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- Blitzer's Insights, Equities, Fixed Income, Strategy
- Other Tags