The Federal Reserve will probably raise interest rates later this year, and foreign central bank policies may compel it to sell off Treasurys and mortgage-backed securities—reversing quantitative easing.
The Federal Reserve economic policy committee meets this week to consider whether to open the door to raising interest rates in June.
Since 2008, the Federal Reserve has been giving banks virtually free money by keeping their short-term borrowing rates near zero.
The Federal Reserve will probably raise interest rates later this year, and foreign central bank policies may compel it to sell off Treasurys and mortgage-backed securities—reversing quantitative easing.
The Federal Reserve economic policy committee meets this week to consider whether to open the door to raising interest rates in June.
Since 2008, the Federal Reserve has been giving banks virtually free money by keeping their short-term borrowing rates near zero.