AuthorTopic: Open Market Operations
UFCRP
@2014-10-12 09:40:07		 My brain is frozen on this relatively simple concept. Could someone confirm if I have this right?

If the NY Fed sells securities, it reduces bank reserves, increasing money supply, and if it buys securities, increasing bank reserves, it is decreasing money supply.

Thank you, in advance.
UFCRP
@2014-10-12 11:38:48		 Never mind...figured it out

CFA Discussion Topic: Open Market Operations

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Colin Sampaleanu

Colin Sampaleanu