EP21 「升息」與「貨幣寬鬆」竟然能夠並存?股市的榮景也是貨幣現象?Fed 控制貨幣供給新工具:準備金利率(Interest Rate on Reserve Balances, IORB)!
美國在2020/3/26法定存款準備率降到0%,因為法定存款準備率降到0%,IORR就失去意義。因此2021/6/2取消IORR和IOER,整併成準備金利率(Interest Rate on Reserve Balances, IORB)。
準備金利率(Interest Rate on Reserve Balances, IORB)補充:
https://www.aptutorgroup.com/learning/fed-policy-with-ample-reserves
美國Dow Jones與Fed Balance Sheet和M2相關性補充:
https://www.aptutorgroup.com/learning/podcastiorb
Jerome Powell對縮表與降息可同時發生的回答:
https://www.aptutorgroup.com/learning/jerome-powells-response-to-evan-ryser
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https://www.aptutorgroup.com/podcast.html
張翔老師的統計學與財務管理學小鋪網站
www.shiangsir.tw
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