Surveillance: Slowing US Growth
Bloomberg Surveillance
00:00
The Risk of the Fed Losing Access to Funding Vehicles
Since April of 2022, deposits in the banking system are down almost a trillion dollars. So I think the stimulus or monetary policy does stimulate the economy right now. Obviously, it's not there because they have to fight inflation. Once that comes down, hopefully the Fed not only will stop raising short-term interest rates, but they get back off QT.
Play episode from 33:03
Transcript
