| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
QE Frictions: Could Banks Have Favored Refinancing Over New Purchase Borrowing?
Tuesday, April 4, 2017 19:02
% of readers think this story is Fact. Add your two cents.
from Liberty Street Economics
– this post authored by Dong Beom Choi, Hyun-Soo Choi, and Jung-Eun Kim
Quantitative easing (QE) – the Federal Reserve’s effort to provide policy accommodation lowering long-term interest rates at a time when the federal funds rate was near its lower bound – has generated a great deal of research, both about its impact and about the frictions that might limit that impact.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201704040534
