Inflation - JPMorgan Sees 75 Chance of More Quantitative...

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 5/2/11 JPMorgan Sees 75% Chance of More Quantitative  Easing This Year Name of Student : Dao Hoang Giang Dang Thi Thanh Tu Vu Thi Ngoc Yen Bui Lan Anh Tran Thi Le Professor : Stefanie 
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 5/2/11 The  Federal Reserve On December 23, 1913,  the Federal Reserve  System, which serves as the nation's central bank -Asset purchases : Transaction situation where a  business' assets and certain liabilities are acquired and  folded into an existing company or transferred to a new  company - Treasury bond  ( T-Bonds , or the  long bond ) have the  longest maturity, from twenty years to thirty years - The yield  on the most recent T-Bond offering was  commonly used as a proxy for long-term interest rates  in general
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 5/2/11 Quantitative easing  (QE) - Describes a monetary policy used by central banks to  increase the supply of money by increasing the excess  reserves of the banking system -It’s interest rate  paid by banks in the overnight money  market - The OCR cannot be changed by transactions between  financial institutions as this does not change the supply  of money, only its location
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Click to edit Master subtitle style  5/2/11 _ is the central banking system of the United  States. _ was created in 1913 _ primary mission :  +to conduct the nation's monetary policy +supervise and regulate banking institutions +maintain the stability of the +financial  system and provide financial services to  depository institutions The Fed:The Federal Reserve System
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Attention Words-1 Quantitative Argue Overvalued Relating to, measuring, or measured by the quantity of something  - Give reasons or cite evidence in support of an idea, action, or theory, typically  with the aim of persuading others to share -Fix the value of (something, especially a currency) at too high a level . The  actual selling price of bonds is higher  the true value of bonds . -
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This note was uploaded on 05/02/2011 for the course FINANCE 9924603 taught by Professor Ssgdbfb during the Spring '11 term at Kyung Hee.

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Inflation - JPMorgan Sees 75 Chance of More Quantitative...

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