Fed Chair Powell Avoid Admitting QE4 Has Begun & Repocalypse Is Imminent

• Fed Chair Powell Avoid Admitting QE4 Has Begun & Repocalypse Is Imminent
  by Tyler Durden, https://www.zerohedge.com/
  The Fed’s balance sheet is expanding at a record rate and ‘turn’ repo rates are soaring (despite endless daily liquidity provisions); so today’s FOMC press conference will be fun to see Powell squirm as he desperately avoids any admission that The Fed is in panic mode – which it is – and will never, ever raise rates ever again (which it won’t)…
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