Money Supply Is Falling By Most Since Great Depression | Danielle DiMartino Booth
Forward Guidance
The Fed's Anticipation of Quantitative Tightening in 2025
The New York Fed's Soma report, Fed balance sheet report in early April, stated that they anticipate the, at the time it was 8.7, now it's $8.5 trillion. So Chair Powell, is that your anticipation as well? That quantitative tightening run throughout 2024? And pause when you get to $6 trillion. Explain to the audience why that's such a poignant question and why, you know, if you were in Jay Powell's shoes, answering that would be pretty tough.
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