June was supposed to be the month where the Fed began “quantitative tightening”, any ideas why they continue to add to their balance sheet?
Looking back a bit further, the Fed has actually grown their balance sheet in 7 of the last 8 weeks, and it is still basically as large as it was at the end of April.
Looks like the growth rate went flat since February?
reply
yeah, looks like it. will be interesting to see if they can meaningfully lower the balance sheet, have heard they’re targeting a drop of $2.5t
reply
Yikes I don't have enough popcorn for that 😂
reply