News
Bloomberg | Fed Seen Pumping Up Assets to $4 Trillion in New Buying
The Federal Reserve will amplify record accommodation tomorrow by announcing $45 billion in monthly Treasury buying that will push its balance sheet almost to $4 trillion, according to a Bloomberg survey of economists.
Econ Comments & Analysis
Fortune | Why quantitative easing isn't working
The problem is that companies appear to be using that cheap money to pay off old debts, or just hoarding it, instead of spending it on new hires, building factories or other types of business investments, which is normally the way low-interest rates boost the economy.
