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QT is not raising interest rates, it is reducing the balance sheet: https://www.investopedia.com/quantitative-tightening-6361478 https://www.investopedia.com/qu
by TinyRick 4y ago
QT is not raising interest rates, it is reducing the balance sheet: https://www.investopedia.com/quantitative-tightening-6361478 https://www.investopedia.com/quantitative-tightening-6361478
QT quite clearly did not start in any meaningful way in 2015.
https://fred.stlouisfed.org/series/WALCL https://fred.stlouisfed.org/series/WALCL
- dragontamer 4y agoThat's not what people "mean" or "care about". The inflation doomers want to pretend that zero-interest rate policies extended too long in the 2010s decade. After the 3rd round of QE in 2014, the Fed began to undo that policy by raising interest rates above 0% in the 2015 to 2016 timeframe. They also were unwinding their balance sheet into 2019, before COVID19 interrupted plans.
- SantalBlush 4y ago>zero-interest rate policies extended too long Not zero-interest rate policies, low-interest rate policies. You're intentionally misrepresenting the position here.