Jerome Powell vs Former Fed Insiders On Repo Market (Zoltan Poszar) – Did Powell Concede?
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The Fed had it’s FOMC Meeting yesterday and Jerome Powell answered questions regarding former fed insider Zoltan Pozsar’s assessment of the Repo Market. Powell essentially admitted that they would buy treasury coupons if need be, which is exactly what Pozsar said would happen by the end of the year. I hate to surprise you but QE4 is coming and expect the stock market to continue melting up!
#TheNewYorkFederalReserve #RepoMarket #QE4
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