We hoorden net de term ‘Operation Shout‘ vallen op Bloomberg TV. Een snelle research leert ons dat de Fed, naast Operation Twist, nog meer in petto heeft. Via FT:

The FOMC minutes also say that they will discuss further steps in “Operation Shout”. Charles Evans, Chicago Fed president, and a convinced dove, has suggested a concrete plan of action here. He says that the Fed could promise to keep short rates at zero until unemployment falls below 7.5 per cent, as long as inflation does not rise above 3 per cent. That would probably convince markets that short rates would remain at zero for even longer than 2 years, in which case long term bond yields might fall further. Ben Bernanke, Fed chairman, has reportedly asked Mr Evans to think further about such steps, along with (dovish) Janet Yellen and (hawkish) Charles Plosser.

Extreme omstandigheden vragen om extreme oplossingen?!