This is the first time I’ve seen Wall Street banks clamor for the Fed to back off QE. The Fed struggles to keep the liquidity it created from going haywire.
They YOLOed the QE so hard it's starting to push short term interest rates below zero so they're hitting Undo, nervously pressing control Z repeatedly and hoping for the best. There's so much money sloshing around between banks and the banks can't generate loans to match it.
They YOLOed the QE so hard it's starting to push short term interest rates below zero so they're hitting Undo, nervously pressing control Z repeatedly and hoping for the best. There's so much money sloshing around between banks and the banks can't generate loans to match it.
Why’s the bank not giving me them loans? But seriously, thanks for the explanations