A new phase of the Fed cycle has begun, the stage aimed at extending the economic expansion as long as possible before a return to full QE.
And there’s no confusion about what QE brings: a surge in liquidity, a weaker dollar, and inflation that accelerates fast.
Risk assets tend to move early when this shift approaches.
Worth watching closely.
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A new phase of the Fed cycle has begun, the stage aimed at extending the economic expansion as long as possible before a return to full QE.
And there’s no confusion about what QE brings: a surge in liquidity, a weaker dollar, and inflation that accelerates fast.
Risk assets tend to move early when this shift approaches.
Worth watching closely.