I find bizarre reports that Federal Reserve policymakers are considering sterilizing a new round of bond purchases in order to “subdue worries” about potential inflation.
Here’s how the WSJ put it in the first two paragraphs of its story on March 8:
“Federal Reserve officials are considering a new type of bond buying program designed to subdue worries about future inflation if they decide to take new steps to boost the economy in the months ahead.
Under the new approach, the Fed would … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards