Inflation Forces The Fed's Hand | Joseph Wang & George Goncalves
Forward Guidance
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The Problems With the Reverse Repo
There's about 1.6, 1.7 trillion dollars worth of money in this thing that could buy treasuries and take up supply. However, there are a lot of caveats. Money can come out of the RRP to support coupon treasuries. But it doesn't actually flow that easily into, let's say, the broader markets to support quantitative tightening.
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