Analysis: The Federal Reserve may announce the end of quantitative tightening this week
According to ChainCatcher, citing Golden Ten Data, analysts from research institution Wrightson predict that the Federal Reserve may be ready to announce the end of its balance sheet reduction this week. Recent movements in the overnight repo market indicate that financing conditions have tightened, and bank reserves have dropped to levels close to what is considered equilibrium.
The Wrightson team stated that this move would be a cautious measure to avoid putting excessive pressure on the funding markets.
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