A crisis-management playbook Federal Reserve officials created years agone could usher their effect this autumn if the national authorities can’t wage each its bills due to the fact that of a governmental standoff implicit raising the national indebtedness limit.
The options see the Fed buying Treasury securities successful default connected the unfastened marketplace and selling Treasurys owned by the Fed to counteract perchance terrible strains successful fiscal markets, according to the transcript of an October 2013 league call.
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