The Federal Reserve's Historic Economic Experiment Entered A New Phase
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Published Friday, June 16, 2017 at: 7:00 AM EDT

The Federal Reserve Board's economic experiment entered a new phase based on last week's release of the central bank's forecast through 2019. Since the beginning of the financial market turmoil in August 2007, the Federal Reserve's balance sheet has grown significantly from $869 billion, on August 8, 2007, to well over $4 trillion in June 2017. This is part of a grand experiment in the way a central bank manages the economy.The Fed bought long-term bonds to keep their prices high and their yields low, a program called "quantitative easing." QE was a new way for a...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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