Fed Clarifies QE Policy - Sort Of

Submitted by Bruce Krasting on 09/17/2009 22:03 -0500

I was involved with a blog debate a month ago. The broad topic was the Fed’s quantitative easing policy (QE). More specifically there was a question of what types of Fed actions should be included in the QE definition. At the time I made some assertions and a number of folks took issue with me. I was left wondering who was right. So I wrote to the Fed. My note to them and their response:

http://www.zerohedge.com/article/fed-clarifies-qe-policy-sort#comment-74316