The Fed exerts a massive influence on the economy from behind the scenes.
Trading government bonds influences the amount banks will lend out and keep on deposit, which then affects interest rates. Their actions also impact inflation, private bonds, and international relations
美联储从幕后对经济施加巨大影响。
政府债券的交易会影响银行放贷和存贷的金额，进而影响利率。他们的行为也会影响通货膨胀、私人债券和国际关系