2min chapter

Forward Guidance cover image

A Dilemma Of The Fed’s Own Making | Danielle DiMartino Booth & Joseph Wang

Forward Guidance

CHAPTER

The Fed's Wary of Dollar Squeezes

The Federal Reserve typically is very wary of dollar squeezes when the DXY shoots higher like it did in 2014 during the Taper tantrum. Danielle: I think that they would whip open those swap lines if need be while tightening if they have to. We've seen currencies absolutely throw up. That's the biggest market in the world. To their effects everywhere. And all this is being traded and all this is leveraged.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode