Fed Announces Operation Twist

September 26, 2011 by Marni and Scott Huger · Leave a Comment 

New plan focuses on mortgage rates; experts’ response is mixed After a two-day closed door policy meeting last week, the Federal Reserve announced its latest effort to stimulate the economy: “Operation Twist.” The crux of the plan is to put downward pressure on long-term interest rates by shifting $400 billion from short term Treasury holdings [...]