Wednesday, March 3, 2021

Tag: The Debate Is Over: In Two Months “Not QE” Officially Becomes QE 4

The Debate Is Over: In Two Months “Not QE” Officially Becomes QE 4

from ZeroHedge:

While Neel Kashkari may be theatrically appealing to the intellect of “QE conspiracists” – which as of today in addition to Robert Kaplan, Larry Kudlow and James Gorman also includes as per the chart below Bank of America, in addition to any other person with an even modest understanding of monetary policy…

… to explain to him how the Fed is moving prices with its $60BN in monthly purchases of T-Bills (something we did last week), an key development is coming that will make all such debates moot: in a few months the Fed’s “Not QE” will officially become “QE 4.”