I still maintain that the FED will be very slow to kill off the Inflation that They have wanted for so long. Now that They have what they want, would They be in any hurry to curtail it? Me thinks not...Have a great weekend, All!
No mention of RRP or TGA, two other ways the FED can inject liquidity into the system, which is exactly what they are doing! The overall net effect is the FED is still adding liquidity, which going into a midterm is expected, they will this until at least the new year.
TGA account is drawing down heavily to offset the selling of bonds.
I still maintain that the FED will be very slow to kill off the Inflation that They have wanted for so long. Now that They have what they want, would They be in any hurry to curtail it? Me thinks not...Have a great weekend, All!
We are living in crazy times! As always thanks for the content.
No mention of RRP or TGA, two other ways the FED can inject liquidity into the system, which is exactly what they are doing! The overall net effect is the FED is still adding liquidity, which going into a midterm is expected, they will this until at least the new year.
TGA account is drawing down heavily to offset the selling of bonds.
https://fred.stlouisfed.org/series/WTREGEN