The DXY (dollar), precious metals, and crypto are all calling BS on the Fed’s supposed “tightening”
by Boo_Randy ECB has already announced “unlimited” bond buying…all central banks are in a race to debase, so expanding their balance sheets is the exact opposite of “tightening” or fighting inflation. https://www.bloomberg.com/news/articles/2022-07-15/ecb-bond-tool-seen-having-no-limits-as-steeper-rate-hikes-loom#xj4y7vzkg