4min chapter

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What are the Politics of a Fed Pivot? | Nick Timiraos

Hidden Forces

CHAPTER

Do You Think the Fed Will Be Able to Unwind QT?

Don't tempt fate might be the lesson here at Jackson Hole. There was a paper presented on balance sheet policies and how these things could be difficult, you know, quantitative easing could be difficult to unwind. The very problem he was sort of raising as a hypothetical he was having to deal with. So how would the Fed deal with it? I don't know.

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