Liquidity Injection Starteth...
-QT is over. The Fed is buying T-bills again and WALCL has turned higher.
-Same pattern as every prior cycle on this chart: runoff ends, purchases resume, the line stops falling.
-Whether they call it reserve management or not — the injection has started.
-Same pattern as every prior cycle on this chart: runoff ends, purchases resume, the line stops falling.
-Whether they call it reserve management or not — the injection has started.
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