On Wednesday, Federal Reserve Board Chairman Ben Bernanke announced the first reduction, or “tapering,” in the Fed’s monthly security purchase plan, known as “quantitative easing.” Wall Street has forecasted that the cutback will amount to $10 billion out of the Fed’s current $85 billion Treasury and mortgage-backed security purchase per
What Is The Fed’s ‘Quantitative Easing’ Policy?
A new poll shows that one of the Federal Reserve’s most high-impact policies is poorly understood by the American people.