FOMC minutes: The path forward
Happy New Year.
I look forward to your continued support this year as well.
Since the chart has been moving since the 3rd, I would like to mention the chart, but above all there is the FOMC minutes released late tonight that we must get through, so for the first article of 2022 I plan to write about the FOMC minutes as the topic.
You may have seen focus on this on social media and news sites, but the focus of the minutes is "QT".
They call it quantitative tightening, and the discussion about the Fed's balance sheet reduction is what draws attention.
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