The Fed Considers the Return of a 50 Year Old Stimulation Plan

Could reintroducing a 50 year old economic revitalization plan, “Operation Twist” used in 1961, bring the kind of stimulation our economy is looking for? Kathy Jones, a fixed-income strategist at Charles Schwab stated, “With financial markets weighed down by myriad problems across the globe, Fed policy makers can be counted on to be inventive.” Jones then also stating, “they are making it clear that they will do whatever they need to do, or whatever they can dream up, to help the economy.”

For more on the New York Times article mentioned above, follow this link: http://www.nytimes.com/2011/09/11/your-money/federal-reserve-considers-a-revival-of-operation-twist.html?_r=3&ref=interestrates