Kind Of A Drag! The Taper That Will Really Bite Into U.S. Growth Isn’t the Fed’s (As The Fed’s Repo Facility Hits An All-time High)
by confoundedinterest17 Kind of a drag … when Federal government stimulus fades just as The Fed tries to decide on slowing its balance sheet expansion. (Bloomberg) — In the coming Year of the Taper, it’s the fiscal version that will really bite. The chatter in U.S. financial markets is all about the Federal Reserve’s yet-to-be-announced reduction of its bond purchases. … Read more