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標題: when the Fed needs to raise rates [打印本頁]

作者: 7715109vaw    時間: 2015-10-23 18:31
標題: when the Fed needs to raise rates
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One can assume that the Fed will continue to reinvest the principal received as Treasury bonds in its portfolio mature in replacement Treasuries,Kenny Vaccaro Jersey, and to reinvest returned principal payments in its MBS in new MBS, as it has done throughout the recent QE programs.To do otherwise would cause unacceptable disruption to the long-term debt markets and the economy.Since it is now clear that the IOER cannot serve as a lower bound for the EFFR, it has been suggested that it may serve instead as the upper bound.Of course,Dont'a Hightower Jersey, when the Fed needs to raise rates,Nick Mangold Jersey, an upper bound is useless, and only the enforcement of the lower bound matters.
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