Guy Who Was In Charge Of Quantitative Easing Apologizes For Quantitative Easing

Guy Who Was In Charge Of Quantitative Easing Apologizes For Quantitative Easing

“I’m sorry, America,” writes Andrew Huszar, formerly of the Federal Reserve, where from 2009-2010 he was in charge of “Quantitative Easing” — also known as “buying huge amounts of bonds with money created by the Fed for that purpose.” (For a good explanation of what that actually means, you might want to check out this Planet Money piece from 2010.) In an opinion piece published by the Wall Street Journal, Huszar concludes that QE (as the cool kids call it) was (and remains) a mistake. [More]

Fed Expected To Launch Next Monetary Easing, "Operation Twist"

Fed Expected To Launch Next Monetary Easing, "Operation Twist"

The Fed is widely expected to tomorrow announce the latest round of monetary policy tweaking designed to loosen up markets. It has the cute name of “Operation Twist.” Here’s how it works. [More]

Animated Pig Bunnies Explain Quantitative Easing

Animated Pig Bunnies Explain Quantitative Easing

Still don’t understand quantitative easing? Is it really just “printing money” or something more subtle? These animated xtranormal pig bunnies seem to have a grasp, at least judging by the millions of hits this movie of them explaining it has gotten. “The only thing deflating is the Fed’s credibility,” says one pig bunny to the other. [More]

Um, Just What The Heck Is Quantitative Easing And Why Are We Doing It?

Um, Just What The Heck Is Quantitative Easing And Why Are We Doing It?

There’s been a lot of talk over the last few days about “quantitative easing,” but if you’re wondering what it is and why it matters — you’re not alone. Long story short — it’s a way for the Fed to create money out of thin air. [More]

Fed Might Buy $500B In Treasuries

Fed Might Buy $500B In Treasuries

The Fed sent out signals that it could be making a major new move as soon, which experts think could take the form of buying back up to $500 billion in Treasury Bonds. They could decide as soon as their next meeting on November 2nd, which also happens to be Election Day. [More]

Stocks Rise, Betting Feds Will Vote To Buy More Mortgages And Treasuries

Stocks Rise, Betting Feds Will Vote To Buy More Mortgages And Treasuries

Markets edged upwards Monday, betting that the Federal Reserve will vote tomorrow to inject more money into the system by buying up more mortgage-backed securities and Treasuries. [More]

What Is Quantitative Easing?

What Is Quantitative Easing?

Want to know a fancy word for printing new money? Meet “Quantitative easing,” the Fed’s weapon of last resort to try to prod banks to lend to each other and to companies. Marketplace’s Paddy Hirsch is back with his whiteboard to explain how it all goes down. Video inside.

Now Is The Time To Lock In Interest Rates With CDs

Now Is The Time To Lock In Interest Rates With CDs

If you’re a saver, the Fed flipped you the bird this week. They dropped interest rates and introduced “quantitative easing,” two things that will make interest rates plummet. Here’s how you can protect yourself.