The Fed Has Begun Quantitative Tightening

First published at 23:08 UTC on June 21st, 2021.

Last week, the Fed raised the reverse repo rate from 0.00% to 0.05%. This may sound comically small, but 0.05% interest versus 0% is a alot of money when the principle is in the hundreds of billions if not trillions! The effect of this little discus…

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CategoryNews & Politics
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