Why is the Fed quietly buying billions in bonds — and hoping nobody notices?
Written by Emily J. Thompson, Senior Investment Analyst
Source: MarketWatch
Federal Reserve's Recent Actions: The U.S. Federal Reserve discreetly purchased $43.6 billion in U.S. Treasuries over four days, including $8.8 billion in long-dated 30-year bonds on May 8.
Implications of the Purchases: This move towards quantitative easing is unusual and suggests a significant shift in the Fed's approach to managing the economy, likened to a bank robber returning for forgotten items.
Analyst Views on EWZ
Wall Street analysts forecast EWZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 35.020
Low
Averages
High
Current: 35.020
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
