Fed’s dilemma: Halt Quantitative Tightening to normalize, but risks loom when RRP is depleted.

Is this like saying a a 'stopped clock' is accurate twice a day? So halting QT will fulfil their 'normalisation' narrative @RobinWigg #Fed has painted itself into a corner and will need to do something when RRP finally empties. pic.twitter.com/ZpwtUYVjgY

— CrossBorder Capital/ GLIndexes (@crossbordercap) January 9, 2024