1/9 Yesterday I went over the RRP program. In today's thread, how does it relate to QT. Bottom line, the Fed is hoping QT will cause short rates to rise, "encouraging" RRP to flow back into banks and "offset" the QT liquidity drain. That's the the

Ben Hunt @EpsilonTheory · Oct 9, 2022

Excellent thread, as per usual from @biancoresearch.

Tweet Oct 9, 2022

by Jim Bianco

Recommended by 1 person

1 mention