Posted by libertina on 10th of Mar 2011 at 02:30 pm
POMO stands for Permanent Open Market Operations, and usage of
the acronym has carried over to the more recent
operations, Tentative Outright Treasury Operations. It
might be more apropriate to adopt the new acronym TOTO to reflect
what the Fed has done to the economy. "We are not in Kansas
anymore, Toto."
;<)
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No POMO tomorrow
Posted by mehciz on 10th of Mar 2011 at 02:21 pm
Thanks
POMO Point
Posted by libertina on 10th of Mar 2011 at 02:30 pm
POMO stands for Permanent Open Market Operations, and usage of the acronym has carried over to the more recent operations, Tentative Outright Treasury Operations. It might be more apropriate to adopt the new acronym TOTO to reflect what the Fed has done to the economy. "We are not in Kansas anymore, Toto." ;<)