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Maybe, maybe not. The Fed has wiped out 6 months of QT's impact within a week. They might temporarily slow rate hikes but I am not convinced they will stop. I s
by silentsea90 4y ago
Maybe, maybe not. The Fed has wiped out 6 months of QT's impact within a week. They might temporarily slow rate hikes but I am not convinced they will stop. I see this more as them plugging a hole in the economy. It will take a collapse for them to pivot and admit defeat to inflation.
- JumpCrisscross 4y ago> Fed has wiped out 6 months of QT's impact within a week How are you calculating that?
- silentsea90 4y agoIt should be 4 months in 4 days, but the broader point still stands: https://fallacyalarm.substack.com/p/the-fed-just-reversed-4-months-qt https://fallacyalarm.substack.com/p/the-fed-just-reversed-4-...