You are viewing a single comment's thread from:

RE: Today's Stock Market Is A Symptom Of A Rigged, Managed System. By Gregory Mannarino

in #money2 years ago

"The range of securities that the Federal Reserve is authorized to purchase and sell is relatively limited. The authority to conduct OMOs is found in section 14 of the Federal Reserve Act."
https://www.federalreserve.gov/monetarypolicy/bst_openmarketops.htm

It's unfortunate we don't have more transparency in the USA.