The Fed's QT Explained (No, it's Not The End Of The World)

The Fed's QT Explained (No, it's Not The End Of The World)

From themacrocompass.substack.com

As anticipated here, Central Banks will tighten. They will try to do it in a gentle way, yes. But they will tighten. The best definition of ‘‘gentle tightening’’ I can find comes from a speech former ECB president Mario Draghi gave in summer 2017. If you remember, in 2017 the global economy staged a strong and concerted cyclical recovery - mostly due to the lagged effect of a huge 2016 Chinese credit expansion and some fiscal stimulus in the US. ‘‘As the economy continues to recover, a constant policy stance will become more accommodative, and the central bank can accompany the recovery by adjusting the ... (full story)

Stocks gonna get butchered

- Older Stories
USD/JPY Gains Before Bank of Japan as 10-Year Treasury Yield Touches New 2022 High
From dailyfx.com|Jan 17, 2022
The Japanese Yen and British Pound were some of the worst-performing G10 currencies on Monday, with the Canadian and Australian Dollar pushing slightly higher against their major ...
Economists Say Bank of Canada to Begin Hiking Rates Next Week
From bnnbloomberg.ca|Jan 17, 2022
Canadian banks are bringing forward their forecasts for interest rate hikes to as early as next week, amid growing evidence the economy is hitting limits and inflation pressures ...
China opens door to more monetary easing actions ahead
From fxstreet.com|Jan 17, 2022|1 comment
The policy has taken a more dovish tilt in China, aimed at "economic stability". China’s cut of two key policy interest rates opens the door to more monetary easing actions ahead. ...

- Newer Stories
US Dollar fails to catch a lift from higher yields, Bank of Japan in focus
From channelnewsasia.com|Jan 17, 2022
The yen edged higher ahead of the outcome of a central bank policy meeting on Tuesday, while the dollar seemingly ignored U.S. Treasury yields hitting new near two-year highs on ...
Statement on Monetary Policy
From boj.or.jp|Jan 17, 2022|6 comments
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided upon the following. (1) Yield curve control: The Bank decided, by an 8-1 majority vote, to ...
Outlook for Economic Activity and Prices
From boj.or.jp|Jan 17, 2022
Japan's economy is likely to recover as downward pressure stemming from the novel coronavirus (COVID-19) on services consumption and the effects of supply-side constraints wane, ...