Oddbean new post about login | logout Would they start QE this soon? Lyn seems to think increase in global liquidity comes mid 2025. Does US QE significantly influence global liquidity or nah?
They probably won't announce the start of QE (purchasing Treasuries and/or MBS) today. Instead, they are likely to focus on the federal funds rate and their future intentions (with the FFR). US net liquidity is separate from global M2 monetary supply... but they generally ebb and flow in relation to each other.