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Unusual Whales Pod Ep 16: Macro Outlook for 2023, the Federal Reserve in 2023, and the January 6.5% CPI Print

Unusual Whales

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QE or QE?

There's risks that we talked about earlier with respect to whether the banking sector has enough reserves and will continue to land and make markets. Then there's also sort of a separate question about the treasury market itself so you could have another situation like what we saw with the Bank of England back in September or October. Both of those would be addressed in the same way from the Fed's perspective but it wouldn't be called QE similar to what we saw in 2019.

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