[ad_1]
Fast Take
- The outlook from markets has utterly modified prior to now few weeks as a result of banking failures within the US and EU.
- The market is now pricing in no extra fee hikes however substantial cuts, ending 2023 round 3.75-4%.
- 4 cuts are priced into the remainder of the yr, whereas the market suggests a larger than 90% likelihood the Fed is completed elevating charges.
- The fed stability sheet has grown for the previous two consecutive weeks; roughly $100 billion was added to the stability sheet this week.
- Whereas two-thirds of quantitative tightening have been undone in a matter of weeks.
- That is the third greatest p.c change to the fed stability sheet, solely being overwhelmed by covid and 2008.
The submit Charge cuts at the moment are the expectation as fed stability sheet grows appeared first on CryptoSlate.
[ad_2]
Source link