The Federal Reserve kicked off its latest Federal Open Market Committee meeting Tuesday to determine the direction of national monetary policy.

Heading into this week’s meeting, various analysts suggested another round of operation twist could be coming or even QE3. But most analysts have rejected the idea of more quantitative easing anytime in the near future.

The Wall Street Journal kicked off the FOMC’s first meeting day, saying an operation twist extension is the most attractive option, but it will have a limited impact.

Operation Twist is essentially the Fed using proceeds from the sale of short-term securities to buy long-term securities.

Most Popular Articles

Here are the mortgage lenders that borrowers like the most

J.D. Power’s 2019 U.S. Primary Mortgage Origination Satisfaction Study, released Thursday morning, showed that there are some lenders that customers seem to love working with more than others. Here are the ones that borrowers are partial to.

Nov 14, 2019 By

Latest Articles

Congressional vote on “de facto QM Patch” postponed

The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021.

Nov 15, 2019 By