March 2019

Market participants sensed that the Fed was suddenly changing its tune with respect to its balance sheet back in January.  The balance sheet primarily refers to all the bonds the Fed purchased as a part of the various Quantitative Easing plans conducted throughout the recovery to the Great Recession.  At the time, those QE plans technically involved “printing money.”
But it wasn’t just money dropped from helicopters.  The money was used to buy investments–in this case T
Source: Kevin Litwicki Universal Lending
The Fed Officially Announces Big Bond-Buying Change

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