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2025March › 12

Lawler: Some Observations on the Federal Reserve’s Balance Sheet Wind-Down and Reinvestment “Strategy” (Still in Quantitative Easing Mode, Just Less So)

From housing economist Tom Lawler:

From the beginning of 2020 to early June of 2022 the Federal Reserve’s balance sheet more than doubled to an almost inconceivable $8.9 trillion, with almost all of…

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