BS it’s totally QE… WE ARE COOKED



Grok: Powell’s referring to the Fed expanding its balance sheet by buying assets (like Treasuries) to boost bank reserves and liquidity. Baseline: $20-25B/month for “ample” reserves. Currently at $40B to tackle short-term strains and April tax outflows.

Implications: Supports economic stability, could lift markets/stocks, but may fuel inflation or delay rate hikes if prolonged.