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> Keep in mind they're only able to buy US treasuries and mortgage backed securities. They announced they will buy municiple bonds also. https://www.cnbc.com/
by dntbnmpls 7y ago
> Keep in mind they're only able to buy US treasuries and mortgage backed securities.
They announced they will buy municiple bonds also.
https://www.cnbc.com/2020/03/20/the-federal-reserve-is-expanding-its-asset-purchases-to-include-municipal-bonds.html https://www.cnbc.com/2020/03/20/the-federal-reserve-is-expan...
> If Congress changes the rules to allow the Fed to purchase stocks
Corporate bonds first. If that fails, then stocks. Baby steps.
- deleted 7y ago[deleted]
- mrfusion 7y agoWhy didn’t congress have to approve the munis?
- thoughtstheseus 7y agoThey’re government securities.
- 12elephant 7y agoThey're already buying corporate bonds: https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20200323b1.pdf https://www.federalreserve.gov/newsevents/pressreleases/file...