The Fed’s New Old Tool: Quantitative Easing Repackaged and Running Just Fine
The Fed is buying treasury bonds… An old system under a new name. After the Great Financial Crisis (GFC) of 2007–2008, the Federal Reserve implemented quantitative easing (QE) to stabilize the economy, restore confidence in financial markets, and spur growth. Back then, the Fed’s QE programs involved large-scale asset purchases […]