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re: .
Posted on 4/26/18 at 10:19 am to DaCajun1
Posted on 4/26/18 at 10:19 am to DaCajun1
quote:
OMOs can be divided into two types: permanent and temporary. Permanent OMOs involve outright purchases or sales of securities for the System Open Market Account (SOMA), the Federal Reserve's portfolio. Traditionally, permanent OMOs are used to accommodate the longer-term factors driving the expansion of the Federal Reserve's balance sheet--primarily the trend growth of currency in circulation.
You serious, Clark?
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