Malamonga1

Malamonga1 t1_jdfwp6x wrote

Powell : "it's not the same as QE because QE has a downward effect on long term interest rate while this only serves to improve liquidity"

10 year interest rate in the last 20 days : down 0.7% from 4.1% to 3.4%.

On the other hand, the amount of increase on the Fed balance sheet just proves how many small/mid size regional banks are in deep shit.

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