The Seen And The Unseen Of QE-RMP
The Fed is “marketing” the round of QE as Reserve Management Purchases (RMP). They claim it’s different from QE because it involves buying short-term bills rather than longer-term bonds.
Nifty Above 26,100; Infosys Up 3%
Indian share markets are trading higher today, with the Sensex trading 435 points higher, and the Nifty is trading 150 points higher.