Pretty big snap back for Philly Fed in June on the $139b TGA bottom (Reserve Asset top) beginning of the month... remember Mike called June 6th...
Policymakers currently trying to stabilize TGA around the $200b level using Extraordinary Measures in advance of a deal to suspend the Debt Ceiling again... having so-so success...
Philly Fed Survey Soars To 12-Month Highs, Jumps Most In A Decade https://t.co/QcEPiXnqNb #Money #Finance #Economics #Market
— Alen Karabegovic (@AlenKarabegovic) July 18, 2019
