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The Fed, of course, cannot just dump $3tn in bonds.
The Fed, of course, is the Federal Reserve, which has considerable power over the money supply.
The Fed, of course, doesn't have a formal target but is believed to want a core inflation rate of 2%.
That is partly because of the Fed, of course, but they would be much higher if investors were unwilling to lend money at rates as low as one-tenth of 1 percent, the current rate on three-month Treasury bills.
The Fed, of course, is no ordinary acquirer.
It was the Fed, of course, which recently bailed out Bear Stearns by giving Morgan $30 billion to buy the company.
Similar(49)
Once a vegan, he has moved toward the dietary mainstream, but beef — grass-fed, of course — passes his lips no more than monthly.
Over time, of course, fed-up taxpayers became frantic anti-Obama protesters.
(Of course, breast-fed babies do fare better in less developed areas, where formula may be prepared with contaminated water or poverty prompts mothers to skimp on its use).
According to Keri Glassman in this article for Prevention, stick to "calming" food instead, such as berries, cashews, chamomile or green tea, dark chocolate (in moderation, of course), grass-fed beef, oatmeal, oranges, and walnuts.
Then there are those pesky "activist" judges, who keep throwing cases back at his Justice Department - the latest being a decision by a federal judge to release the Chinese Uighars from seven years of detention in GITMO into the U.S. (the Feds are appealing that ruling, of course).
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