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0 3.11798453479387E-05 -0.000155899226739871 -0.000623908705412885 -0.000841855824395231 -0.00190197056622603 -0.00218258917435784 -0.00218258917435784
Stock impact report

The Fed just made an overlooked decision that's even more important than its last rate cut [Business Insider]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Have an account? Log in Investors got their desired rate cut last week, but another Fed move might be more important. The Fed has begun "reserve management purchases," buying $40 billion a month in short-term Treasurys. Here's why that's a big deal for markets. The most important part of the Fed's last policy meeting is something that may have been overshadowed by the eagerly awaited rate cut. The central bank's decision to start " reserve management purchases ," a mouthful that essentially boils down to the Fed expanding its balance sheet by purchasing short-term US Treasurys, is a big deal for markets. Changes to the Fed's balance sheet often fly under the radar for many investors, who primarily trade based on rate cuts and expectations for the path of monetary policy. Yet, the central bank's bond purchase programs have historically been an important tool for both influencing interest rates as well as providing liquidity to markets. The announcement of a new bond-buyi Show less Read more
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