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QE v Managing Benchmark Rates

By admin / November 20, 2019

QUESTION: The Fed buying $60 billion in T-Bills each month is obviously not long-term QE. They are expanding their balance sheet, but this is clearly not the QE as before. As a professional institution we can see the difference. Would you elaborate on the difference? FH ANSWER: The Fed is buying $60 billion of Treasury bills […]