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2min chapter
Instant Reaction: Jay Powell on Fed Policy
Bloomberg Surveillance
Analyzing the End of Quantitative Tightening and Fed's View on Regional Banking
A discussion on the process of concluding quantitative tightening (QT) and reducing interest rates, with a focus on decreasing reserves in the banking system and avoiding a repeat of the reserve level crash in September 2019. The chapter also covers the Fed's perspective on regional banking matters and the confidence gained through the decrease in long term interest rates.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode