My most recent article at CBSNews.com’s MoneyWatch takes a look at how the Federal Reserve has freed up money to help the economy, by using a few techniques such as quantitative easing. Namely, the Fed’s “primary duties are to pursue its dual mandate for maximum employment and stable prices,” I write.
Excerpt:
“…while quantitative easing can impact the economy, it is not as powerful as traditional ‘price easing,’ or interest rate lowering policy. Thus, quantitative easing may be able to ease a recession somewhat. But as we are seeing right now, it is not enough by itself to spur the economy to a speedy return to full employment.”
Tags: price easing, economy, unemployment, inflation, federal reserve, quantitative easing, the fed, economic reform, cbs news, interest rates, income inequality, moneywatch, economic policy
How the Fed Stimulates the Economy
My most recent article at CBSNews.com’s MoneyWatch takes a look at how the Federal Reserve has freed up money to help the economy, by using a few techniques such as quantitative easing. Namely, the Fed’s “primary duties are to pursue its dual mandate for maximum employment and stable prices,” I write.
Excerpt:
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Tags: price easing, economy, unemployment, inflation, federal reserve, quantitative easing, the fed, economic reform, cbs news, interest rates, income inequality, moneywatch, economic policy