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> This deal only covers quality bonds and only those bought before last week. > This all means Powell can continue to raise interest rates without having to wo
by runeks 4y ago
> This deal only covers quality bonds and only those bought before last week.
> This all means Powell can continue to raise interest rates without having to worry too much about bank failures.
Do you think banks will stop buying bonds? Otherwise I don’t see how the latter follows from the former.