POMO: Difference between revisions
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Permanent [[open market operations]]. | Permanent [[open market operations]]. | ||
Somewhat ironic or dis-approving term used to highlight the US [[Federal Open Market Committee]]'s use of [[open market operations]] to add to or reduce balances ("[[reserves]]") of eligible institutions with [[Federal Reserve Bank]]s on a longer-than-usual period - with the implication that it may be semi-permanent. | Somewhat ironic or dis-approving term used to highlight the US [[Federal Open Market Committee]]'s use of [[open market operations]] to add to or reduce balances ("[[reserves]]") of eligible institutions with [[Federal Reserve Bank]]s on a longer-than-usual period - with the implication that it may be semi-permanent. | ||
Revision as of 13:07, 3 August 2014
US banking.
Permanent open market operations.
Somewhat ironic or dis-approving term used to highlight the US Federal Open Market Committee's use of open market operations to add to or reduce balances ("reserves") of eligible institutions with Federal Reserve Banks on a longer-than-usual period - with the implication that it may be semi-permanent.
