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51 days ago

52 days ago

53 days ago

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…

66 days ago

Lawler: Treasury Secretary Wrongly Says Fed Has Been “Big Seller” of Treasuries

From housing economist Tom Lawler: Treasury Secretary Wrongly Says Fed Has Been “Big Seller” of Treasuries

In an interview last week, Treasury Secretary Bessent said that any plans by the Treasury t…

70 days ago

71 days ago

4 months ago

Lawler: Interest Rates Since the Federal Reserve Began Cutting Rates

From housing economist Tom Lawler:

Since September 17th the Federal Reserve has lowered its federal funds rate range by 100 basis points. Below is a table showing Treasury and MBS rates since Septe…

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