Is the Fed Printing Again? What Reserve Management Purchases Really Mean for Liquidity and Markets

The Fed has stopped QT and begun Reserve Management Purchases. But is this really QE? Here’s what actually changed in the balance sheet and why markets may misread it.

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source: https://btcusa.com/is-the-fed-printing-again-what-reserve-management-purchases-really-mean-for-liquidity-and-markets/