Wrong Central Bank?
U.S. investors have shifted their Fed expectations from “Pivot” to “Pause”, but are they focusing on the wrong central bank?
Month: June 2023
Quantitative Tightening (QT): Check the Plumbing
Since the Global Financial Crisis of 2007-08, the Federal Reserve has poured trillions of dollars into the banking system through its Quantitative Easing (QE) program. But what happens when they reverse the flows? Will the plumbing hold?
