Mopping Up Liquidity – The Fed Accelerates its QE Unwind
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Fed’s QE Unwind – “balance sheet normalization,” as it calls this – is accelerating toward cruising speed. The first 12 months of the QE unwind, which started in October 2017, are the ramp-up period – …