Definition: the purchase and sale of U.S. Treasury and federal agency securities
Pronunciation: \ˌä-pə-ˈrā-shən\
Used in a Sentence: The Fed’s principal and most effective tool for implementing monetary policy is open market operations.
Definition: the purchase and sale of U.S. Treasury and federal agency securities
Pronunciation: \ˌä-pə-ˈrā-shən\
Used in a Sentence: The Fed’s principal and most effective tool for implementing monetary policy is open market operations.