Shhhh…is the Fed about to ease?!

Has US Federal Reserve Policy Secretly Changed?

 

The robust economy probably ensures that US policy rates stay higher for longer. Yet, behind the scenes, policy makers may have shifted away from a more aggressive 'higher, higher' stance, accompanying by hints that QT may also be softening. Because we always focus more on the liquidity impact of Central Bank policies, right-or-wrong, this change matters.

 

 

 

See our latest published research, Global View: Has US Federal Reserve Policy Secretly Changed?  – December 2022

 

 

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