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> It’s currently in the $10 to 30bn regime and winding down. Double checking this, I think all of our numbers are off. My initial number was very outdated, y
by vmception 5y ago
> It’s currently in the $10 to 30bn regime and winding down.
Double checking this, I think all of our numbers are off.
My initial number was very outdated, your amount is just the amount of the reduction.
I'm reading January was [to be] $60bn in purchases.
- JumpCrisscross 5y ago> I'm reading January was [to be] $60bn in purchases January was $40bn, February is $20bn [1]. (There is a January release pointing to $30bn [2] from which I was remembering my figures.) [1] https://www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/treasury-securities/treasury-securities-operational-details https://www.newyorkfed.org/markets/domestic-market-operation... [2] https://www.newyorkfed.org/markets/opolicy/operating_policy_220126 https://www.newyorkfed.org/markets/opolicy/operating_policy_...
- vmception 5y agoThanks, right! And the taper goal is to continue reducing this month over month As well as potentially selling some of the stuff it has already bought, but more likely just holding things till maturity, or maybe a combination