Has the Fed Abandoned Risk Assets? | Joseph Wang
Forward Guidance
00:00
The Fed Taper and the Future of Monetary Policy
It's still, we're going to do the first hike and then taper. The being willing to just largely reinvest mortgage backsecurities in the treasury really helps from a plumbing perspective. So that would help. Probably won't solve it, but it will help. You could have some dislocation that happened that could happen just like during the September repo crisis a couple of years ago. But if you were willing to just massively invest mortgage backSecurities in the treasuries, that could be a stabilizing effect.
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