Fed’s Logan Seeks Clearer Separation of Market Operations
Federal Reserve Bank of Dallas President Lorie Logan called for the US central bank to separate assets purchased for market-functioning purposes from the ones it holds for monetary-policy operations. “One way to keep market functioning purchases from providing undesired stimulus would be for the FOMC to hold the purchased securities in a separate account and commit to sell them as soon as…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
