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SPECIAL REPORT: Did The Fed Just Announce QE-Lite? | Axel Merk + Live Q&A
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The Federal Reserve Open Market Committee just released the outcome of its meeting this week.
As expected, the Fed cut its policy rate by 0.25% (with three governors dissenting - the most since 1988!).
It also announced that it will start purchasing shorter-term US Treasurys, to maintain “an ample supply of reserves” (is this pre-QE?)
To discuss, Fed-watcher Axel Merk is joining us again to deliver his expert reaction to the Fed’s latest guidance as well as take your questions live.
#federalreserve #inflation…
The skinny
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