qe in the times of qt
QE in the Times of Qt
The media narrative is US Fed is reducing is balance sheet, with a reduction of $1 trillion achieved till date from peak size of balance sheet.
In reality, the sequestered funds in RRO have also been released, through “market operations” to the tune of $600-800 billion from the peak, till date, muting the impact on financial markets.
In reality, the sequestered funds in RRO have also been released, through “market operations” to the tune of $600-800 billion from the peak, till date, muting the impact on financial markets.
