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Fed Option That Could Avoid Rate Hikes

Summary:
I f-ing knew it: Treasury Secretary Steven Mnuchin asks bond dealers and investors whether they want the Fed to tighten monetary policy by raising interest rates or through faster cuts https://t.co/AysSSm6cni — Bloomberg Economics (@economics) November 28, 2018 Dog that didn't bark:  Fed has completely eliminated all reference to the rate of their asset reductions in ALL of their communications when they used to discuss this issue ALL THE TIME, they now only talk about the policy interest rate.... hmmmmm.....

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I f-ing knew it:

Dog that didn't bark:  Fed has completely eliminated all reference to the rate of their asset reductions in ALL of their communications when they used to discuss this issue ALL THE TIME, they now only talk about the policy interest rate.... hmmmmm.....

 

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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