Exactly exactly just What the Fed was not telling anybody is that it generally does not need to fatten-up to fix the book shortage.

Exactly exactly just What the Fed was not telling anybody is that it generally does not need to fatten-up to fix the book shortage.

A couple weeks ago, included in its effort to avoid overnight prices from rising over the Fed’s target range, and particularly in order to prevent dramatic instantly price surges such as the the one that took place in mid-September, the Fed announced so it would soon start acquiring assets once again. Continue reading “Exactly exactly just What the Fed was not telling anybody is that it generally does not need to fatten-up to fix the book shortage.”