Was there ever a tightening before it is ending? I thought tightening would mean deflation? Or it is all a joke and the words mean whatever Powell wants them to mean?
pull down to refresh
pull down to refresh
Was there ever a tightening before it is ending? I thought tightening would mean deflation? Or it is all a joke and the words mean whatever Powell wants them to mean?
Thanks : https://beyondturbulence.blogspot.com/p/qt-qe-and-metabolic-manifold.html?m=1
There are long lags between printing and price inflation. I think the tightening was done to prevent even more price inflation from all the Covid era printing.