Tighter Monetary Policy is Dramatically Affecting the Financial Sphere
But is the Fed aggressively tightening? After all, the balance sheet remains unchanged at its highest levels ever and they have only raise the Fed funds rate by 75bps. That just doesn't feel that aggressive to me.
But is the Fed aggressively tightening? After all, the balance sheet remains unchanged at its highest levels ever and they have only raise the Fed funds rate by 75bps. That just doesn't feel that aggressive to me.