.25 basis point cut but the resumption of QE via buying 40 billion in treasury bills by the Fed

1srelluc

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I swear, the fed needs ending with a quickness.

The bigger news of today's fed announcement is the resumption of QE via buying 40 billion in treasury bills beginning soon.

Money printer going BRRRRR again. 😐


According to a report by the New York Fed,
principal payments from agency mortgage-backed securities
will be reinvested into T-bills, though exact purchase amounts remain unspecified.


This would hold the balance sheet steady, not increase the balance sheet.
 
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