IPFS News Link • Federal Reserve
The Fed Is About To Drain Trillions In Liquidity: Here's How It Will Do It
• https://www.zerohedge.com by Tyler Durden... a much more relevant question is what the Fed's balance sheet runoff - i.e., Quantitative Tightening (QT) - will look like both strategically and tactically.
As a reminder, two weeks ago Deutsche Bank predicted some $3 trillion in balance sheet normalization as the Fed undoes the emergency actions from the covid crisis which doubled the Fed's asset holdings from 20% to almost 40% of GDP.