- The Federal Reserve could ramp up its bond purchasing program to push down further on borrowing costs, but for now the U.S. economy’s most pressing need is for a new round of government spending, U.S. central bankers said on Wednesday.
“I think we have the capacity to do more asset purchases,” said Chicago Fed President Charles Evans, among the central bank’s most dovish policymakers. Even if it doesn’t buy more bonds, the Fed could ease policy by weighting its purchases to more longer-term securities, he added. At some point the Fed will likely need to give explicit guidance on the future pace or type of asset purchases, Evans said, but “that’s not where we are, and it’s probably going to be the Spring until I have a better sense” of any next steps on the balance sheet.
But minutes from that meeting, released Wednesday, show little discussion over whether to adjust the Fed’s current $120 billion-a-month pace of bond purchases.
La Fed ......que si que no trabaja a la intriga/ especulación......
That balance sheet is loaded
Cuz they’re busy buying the $spy
dianesbaker1