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Their monetary policy is responsible for inflating asset prices, so yes they did effectively inject that money into equity markets. No one thinks they went out
by cloakandswagger 10y ago
Their monetary policy is responsible for inflating asset prices, so yes they did effectively inject that money into equity markets. No one thinks they went out and bought stock on the open market with it.
- pmorici 10y agoInitially they weren't buying stock but it is pretty clear many central banks have been buying stocks in the last several years. It's a subject of some speculation if the Fed has joined the ranks of central banks who buy stocks directly. http://business.time.com/2013/04/26/why-are-central-banks-suddenly-buying-stocks/ http://business.time.com/2013/04/26/why-are-central-banks-su...