Posted by DigiNomad on 30th of Apr 2024 at 06:44 pm
Don't get used to this rare look. It's not like someone took the
keys to the money printer away from Janet
And if JPOW is doing some last minute juggling with the FOMC
language for tomorrow when it comes to QT, I think this will give
him a push in the QE direction (starting with the end of QT).
Lowering his rate wouldn't do anything at this point anyway - he
doesn't set the long rates. But if they stop selling assets,
including long end bonds...that will do something.
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Don't get used to this
Posted by DigiNomad on 30th of Apr 2024 at 06:44 pm
Don't get used to this rare look. It's not like someone took the keys to the money printer away from Janet
And if JPOW is doing some last minute juggling with the FOMC language for tomorrow when it comes to QT, I think this will give him a push in the QE direction (starting with the end of QT). Lowering his rate wouldn't do anything at this point anyway - he doesn't set the long rates. But if they stop selling assets, including long end bonds...that will do something.