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The Powell Put Won't Save Stocks | Joseph Wang

Forward Guidance

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The Fed's Limit on Quantitative Easing

There is a limit to how much the Federal Reserve can do quantitative tightening. The matured structure of the Fed, it's lumpy. So they can either just set a cap and not meet it every month or they could do outright sales. I'm inclined to think that maybe they would just set, let's say, 80 a month.

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