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Thursday, September 21, 2017

Passive Quantitative Tightening

September 21, 2017 0 comments
As expected (by me and pretty much everyone else) the Fed held interest rates unchanged and announced that it would commence its balance sheet normalization plan in October. The balance sheet normalization plan involves gradually ceasing reinvestment of principal from maturing bonds, and will...

Passive Quantitative Tightening
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