Powell Lied: Quantitative Easing Is Back | Daniel Lacalle

Powell Lied: Quantitative Easing Is Back | Daniel Lacalle: The Federal Reserve, through its president Jerome Powell, has indicated that it is preparing to increase its balance “organically”. The effort to separate this latest monetary policy change of course from a full-blown new QE (quantitative easing) is, at the very least, amusing. If we look at what is being discussed, it has nothing to do with organic expansion and looks a lot like a new repurchase program.

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