1. Give Jobs a Chance - Tapering
On September 18, 2013, the Federal Reserve was to have decided whether it would begin to reduce the eighty-five billion dollar per month bond purchasing program known as quantitative easing(QE) that it uses to support the economy(TheEconomist). ... The Federal Reserve's large-scale purchases of Treasury securities may provide a moderate boost to economic growth and inflation, but it appears the U.S. markets are only up because of this stimulus, as if they were high on steroids. ... Following this rule, the Federal Reserve records each QE transaction as an asset and a liability, which by...
- Word Count: 855
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate