Quote:
Originally Posted by KC911
As a fiscal conservative...100% behind their plan....until Dec. the reaction proves the opposite for me. You were right....I did not think the unanimous Fed voting board would change members/paths so abruptly..they did...due to equity markets.
I have lost a bit of confidence actually...
But the talk of not reducing their 4T balance sheet ANY more, ever...that's what this thread is supposed to be about...not low interest rates.
I still think overnight rates need to be at least neutral...2.5 isn't quite there imo...but ween the credit junkies like fint  ...
This recent talk of keeping 4T forever is the topic of this off topic thread....thanks JYL...as usual, interesting perspective you have...
Is there a 10T Fed balance sheet in the future? |
Bullard said 7T no problem...beyond that is no man's land.