Forward Guidance cover image

Jay Powell’s Plan To Kill The “Fed Put” | Danielle DiMartino Booth

Forward Guidance

00:00

The Fed's Position in the Treasury Market Remains Untenable

The Fed's footprint in the treasury market remains too big. quantitative easing got them in a position that's become untenable, says Jack Shih. The best of all worlds for Jay Powell would be if he could eventually stop lowering interest rates at 2% and leave the balance sheet alone forever," she adds.

Play episode from 36:28
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app