Fed Signals “All Systems Go” for More Inflation | WHAT REALLY HAPPENED


Fed Signals “All Systems Go” for More Inflation

The only change the Fed did signal? That it’ll buy up to $175 billion in so-called “agency” debt, slightly below its previous target of $200 billion. But it’s still going to buy $1.25 trillion in mortgage-backed securities.

And it’s not buying fewer bonds issued by Fannie Mae and Freddie Mac because it suddenly realized the folly of “monetizing” U.S. debt obligations …

… it’s because of the “limited availability of agency debt” to buy. In other words, the Fed is afraid it’s cornering and distorting the market … which it is!

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