The Fed: In a Monetary and Macro Bind?
Real Vision: Finance & Investing
00:00
The Difference Between Reverse Repo and Reverse Purchasing
The Fed is trying to square that circle of creating money for the government to spend without causing inflation. When reverse repos are spiking like that, it's a signal to the Fed that it's having trouble maintaining a floor on interest rates. EJ: Powell has shown us he's no Volcker, and he is none of those things. He is not about the fray. He is certainly not apolitical.
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