The Fed should focus on reducing it's balance sheet,ithink that is more critical at this stage. They may tighten monetary policy in December
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There is no inflation.
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Those rate hikes sure seemed a little premature to me ...especially in light of the train wreck in our White House.
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... with less than a whisper about inflation ... maybe Big Banks can't stay afloat in a sluggish economy with no interest earnings on loans.
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who but we leads world currency ubi through dept of agr accounts? & sells eurodollar bonds at/near T-Bill schedules/
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-well -deep ubject
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