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What is Understanding Open Market Operations about?

Open market operations are any purchases or sales of government securities and sometimes commercial paper by a central bank to regulate the money supply and credit conditions. There are two main types - contractionary operations which increase interest rates and limit money supply to slow growth, and expansionary operations which lower interest rates to encourage spending and borrowing during economic slowdowns. The central bank takes steps of either buying or selling government bonds from banks based on ec

Author

Ray Mund

Language

EN