by Jane Richey | Nov 1, 2013 | Fiscal Responsibility, Free Markets
There’s still no end in sight for the Federal Reserve’s stimulus program — known as quantitative easing — after the central bank met this week and decided to continue buying $85 billion in bonds each month. In a statement released after the...
by Jane Richey | May 23, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Federal Reserve Chairman Ben Bernanke on Wednesday said the economy must show signs of sustained improvement before the central bank will curtail its long-running monetary stimulus program. Bernanke offered no timeline as to when the Fed would begin reducing purchases...
by Jane Richey | Nov 14, 2012 | Fiscal Responsibility, Politics
With the artificially low interest rates promoted by the Federal Reserve with Quantitative Easing and Operation Twist, there are winners and losers as well. By the Fed’s own admission, the purpose of the current monetary policy is to significantly reduce...