Kansas City Fed article finds markets anticipated QE announcements


Markets had "some degree of advance expectation" for each of the Fed's recent round of large-scale asset purchases, according to an article in the Federal Reserve Bank of Kansas City's latest economic review.

The article, Expectations of Large-Scale Asset Purchases by Andrew Foerster and Guangye Cao, argues the full effect of any asset purchase programme should include both the direct effects of the announcement and the effects of expectations.

Using survey results, media reports and internet

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account