Bill English on the Effectiveness of QE and the Consequences of Fed Losses
Macro Musings with David Beckworth
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The Fed Is Raising Interest Rates, Right?
The FOMC's projection of interest rates on the summer of economic projections, they actually have rates going back down. So if we do end up back in that world, this won't be an issue anymore. The reason this wasn't an issue after the last rounds of QE1, QE2, QE3 is because rates were low for so long. We are dealing with it because of inflation.
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