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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?
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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
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Yikes I don't have enough popcorn for that 😂
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