Why Is Fed Chairman Powell Already Talking About QE?
- Arcadia Economics
Dave Kranzler: Why Is Fed Chairman Powell Already Talking About #QE? While the #FederalReserve and President Trump continue to tell the country that the economy is great, despite unending repo bailouts on a nightly basis, there was an interesting comment recently by Fed chairman #JeromePowell. Where he was already talking about responding with more #quantitativeeasing.
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But if the #economy is so strong, why is he already concerned about the next downturn? And why is it already a given that quantitative easing will be part of the solution? After all, when the system almost collapsed in 2008 the Federal Reserve was talking about how these were extraordinary one time measures. Followed by former #Fedchair #JanetYellen proclaiming that she didn’t think we would see another #financialcrisis in our lifetimes. So which is it?
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