More chatter suggesting a near term Fed increase of reserve balances... and perhaps more policy rate decreases...
Analysts have been expecting that Fed policy makers would probably announce a plan on Oct. 30, after their two-day meeting, to expand the size of the central bank’s balance sheet. The questions would simply have been by how much ... he played down the repo market’s mayhem after the Fed’s most recent decision.
But that act just got tougher because it looks as if the Fed will have to deal with recession fears on top of repo strains.
Add a manufacturing recession into the mix and the Fed's October decision gets oh-so complicated https://t.co/zLIFaEVsxe— Bloomberg Opinion (@bopinion) October 1, 2019
