AsiaticTreaty
On December 8, despite the market seemingly having priced in another Fed rate cut and pushing the U.S. stock market close to record highs last Friday, the real driving force for the bull market in stocks and other risk assets from this week’s Fed policy meeting may not come from interest rates. After quietly halting quantitative tightening, how the Fed manages its massive balance sheet—and whether it injects new liquidity into the market—is key.
Bank of America Global's rates strategy team said last Friday that they expect the Fed to announce this week that, starting in January, it will purcha
View OriginalBank of America Global's rates strategy team said last Friday that they expect the Fed to announce this week that, starting in January, it will purcha

