The Fed is poised to add more than $2 trillion of Treasuries to its portfolio over the next decade, even without additional QE, as it winds down its mortgage-debt holdings. Its buildup of Treasuries is projected to exceed even QE-era levels. https://t.co/CifGiGTkNI
@RaoulGMI@AndreasSteno Do you have any concerns that Saylor with his levered to the nuts BTC strategy could become a liability on some level? Not sure I like this part of the BTC universe...
Fed officials have used different yardsticks to look past base effects in inflation this year.
Clarida cites annualized price changes since Feb 2020, and Brainard cites 24-month annualized changes.
In September, core CPI in both measures was up 2.9% https://t.co/07HkrqBIOr