The Fed plans on reducing the balance sheet by 1 percent per month within 3 months. I get the argument that they'll quit soon after starting, but how soon?
Update: Here is the percent reductions by month during QT1. Not that the data is weekly and the balance sheet changes are lumpy.
Weekly Market Pulse: What Did He Say?
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Coming into last week's FOMC meeting, Jerome Powell was expected to be
hawkish. I know that because numerous articles in the financial press told
me so whi...
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